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

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search