Home / Knowledge / News / Textiles / MEG prices surge in Southeast Asian region
MEG prices surge in Southeast Asian region
21
Jan '14
Paraxylene (PX) plunged in Asian markets. In the S E Asian region, PX prices declined and were quoted in the range of US$ 1330/ton to US$ 1335/ton. In the F E Asian market, PX prices decreased and were assessed at US$ 1310/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1335/ton to US$ 1340/ton.
 
In the S E Asian market, PTA prices surged and were assessed in the range of US$ 970/ton to US$ 975/ton. In the F E Asian market, PTA prices increased and were quoted at US$ 965/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 955/ton to US$ 960/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 6750/ton to RMB 6800/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were assessed in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1475/ton. In the US market, Ethylene prices remained unchanged and were assessed in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were quoted at US$ 1325/ton and € 980/ton, respectively.
 
In the S E Asian region, MEG prices surged and were assessed at US$ 1020/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1005/ton to US$ 1010/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 7300/ton to RMB 7375/ton.
 
In the S E Asian region, BG PET Chips prices remained stable and were quoted in the range of US$ 1360/ton to US$ 1400/ton, and some deals were discussed in the range of US$ 1350/ton to US$ 1370/ton. In the F E Asian market, selling offers remained stable and were assessed in the range of US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET Chips prices remained stable and were quoted at RMB 9100/ton.
 
In the Korean market, FG PET Chips prices remained unchanged and were assessed in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices remained stable and were assessed in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices maintained a steady trend in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1515/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1415/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 9650/ton to RMB 9700/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were quoted at RMB 9600/ton, RMB 11450/ton and RMB 10250/ton, respectively. In the export market, prices of POY, DTY, and FDY declined and were quoted at US$ 1335/ton, US$ 1600/ton, and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X