Home / Knowledge / News / Textiles / Ethylene prices plunge in Asian markets
Ethylene prices plunge in Asian markets
27
Jan '14
Paraxylene (PX) prices maintained a steady trend in Asian markets. In the S E Asian region, PX prices remained unchanged and were quoted in the range of US$ 1330/ton to US$ 1335/ton. In the F E Asian market, PX prices remained stable and were assessed at US$ 1310/ton. Prices of PX imported from the Taiwanese market surged and were quoted in the range of US$ 1330/ton to US$ 1335/ton.
 
PTA prices remained stable in the Asian region. In the S E Asian market, PTA prices remained unchanged and were assessed in the range of US$ 955/ton to US$ 960/ton. In the F E Asian market, PTA prices remained stable and were quoted at US$ 955/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices decreased and were quoted in the range of RMB 6700/ton to RMB 6750/ton.
 
Ethylene prices plunged in Asian markets. In the S E Asian market, Ethylene prices declined and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the F E Asian region, Ethylene prices decreased and were assessed at US$ 1400/ton. In the US market, Ethylene prices dipped and were quoted in the range of 57.50 cents/pound to 58.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were quoted at US$ 1290/ton and € 950/ton, respectively.
 
In the S E Asian region, MEG prices declined and were quoted at US$ 1005/ton. In the Chinese international market, MEG prices remained unchanged and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7250/ton to RMB 7280/ton.
 
In the S E Asian region, BG PET Chips prices maintained a steady trend 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 quoted 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 unchanged and were assessed at RMB 9025/ton.
 
In the Korean market, FG PET Chips prices remained stable and were quoted 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 remained unchanged and were quoted in the range of RMB 9000/ton to RMB 9050/ton.
 
In the F E Asian market, PSF prices were quoted at US$ 1520/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1420/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 9625/ton to RMB 9675/ton.
 
In Chinese domesticmarket, Polyester POY, DTY and FDY prices remained unchanged and were assessed at RMB 9550/ton, RMB 11400/ton and RMB 10200/ton, respectively. In the export market, prices of POY, DTY, and FDY remained stable and were quoted at 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

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kerem Durdag
Biovation II LLC

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

Paolo Ocleppo
Sandvik Hyperion

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Samar Firdos
Arvind Ltd

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

Robert Brunner
Devereux

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

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


May 2018

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

news category


Related Categories:

Advanced Search