Home / Knowledge / News / Textiles / PX, PTA & MEG prices decline in Asian markets
PX, PTA & MEG prices decline in Asian markets
22
Jan '14
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices declined and were assessed in the range of US$ 1310/ton to US$ 1315/ton. In the F E Asian market, PX prices fell and were quoted at US$ 1290/ton. Price of PX imported from the Taiwanese market plunged and were assessed in the range of US$ 1330/ton to US$ 1335/ton. 
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices dropped and were quoted in the range of US$ 955/ton to US$ 960/ton. In the F E Asian market, PTA prices plunged and were quoted at US$ 955/ton. Prices of PTA imported from the Taiwanese market increased and were assessed in the range of US$ 960/ton to US$ 965/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 6975/ton to RMB 7025/ton.
 
Ethylene prices remained steady in the Asian region. In the S E Asian market, Ethylene prices remained steady in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices remained stable at US$ 1475/ton. In the US market, Ethylene prices remained steady and were assessed in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices remained steady in European international as well as in domestic markets and were offered at US$ 1325/ton and € 980/ton, respectively.
 
MEG prices decreased in Asian markets. In the S E Asian region, MEG price fell and was assessed at US$ 1015/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 7275/ton to RMB 7325/ton.
 
In the S E Asian region, BG PET Chips prices remained steady 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 were steady in the range of US$ 1360/ton to US$ 1390/ton, while talked prices were quoted between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET Chips prices decreased and were assessed at RMB 9050/ton.
 
In the Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices were stable and were quoted in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices kept unchanged in the Asian region. 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 were stable in the range of RMB 9650/ton to RMB 9700/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were quoted at RMB 9600/ton, RMB 11450/ton and RMB 10250/ton, respectively. In the export market, offers for POY, DTY, and FDY increased to US$ 1340/ton, US$ 1605/ton, and US$ 1430/ton, respectively.
 
Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search