Home / Knowledge / News / Textiles / Ethylene & MEG prices decline in Southeast Asian region
Ethylene & MEG prices decline in Southeast Asian region
23
Jan '14
Paraxylene (PX) prices kept unchanged in Asian markets. In the S E Asian region, PX prices remained steady and were offered in the range of US$ 1310/ton to US$ 1315/ton. In the F E Asian market, PX prices kept stable and were offered at US$ 1290/ton. Prices of PX imported from the Taiwanese market decreased and were quoted in the range of US$ 1310/ton to US$ 1315/ton.
 
PTA prices stayed steady in the Asian region. In the S E Asian market, PTA prices remained stable and were assessed in the range of US$ 955/ton to US$ 960/ton. In the F E Asian market, PTA prices remained unchanged and were offered at US$ 955/ton. Prices of PTA imported from the Taiwanese market decreased and were quoted in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices were stable and were quoted in the range of RMB 6975/ton to RMB 7025/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the F E Asian region, Ethylene prices remained steady and were offered at US$ 1475/ton. In the US market, Ethylene prices increased and were quoted in the range of 57.00 cents/pound to 58.50 cents/pound. Ethylene prices also plunged in the European international and as well as in the domestic market and were offered at US$ 1290/ton and € 950/ton, respectively.
 
MEG prices dropped in the Asian region. In the S E Asian region, MEG price declined and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices plunged and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices remained steady and were assessed in the range of RMB 7275/ton to RMB 7325/ton.
 
In the S E Asian region, BG PET Chips prices remained stable 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 stayed stable and were assessed at RMB 9050/ton.
 
In the Korean market, FG PET Chips prices stayed stable and were offered 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 in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices remained steady in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1515/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1415/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 9650/ton to RMB 9700/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices plunged and were quoted at RMB 9550/ton, RMB 11400/ton and RMB 10200/ton, respectively. In the export market, offers for POY, DTY, and FDY decreased to US$ 1335/ton, US$ 1595/ton, and US$ 1420/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 5th Dec 2016

Uster mill makes Indian yarn firm top supplier to China

Kikani Exports, one of India’s leading yarn suppliers, with 12 years...

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

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

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search