Home / Knowledge / News / Textiles / PTA prices plunge in Asian markets
PTA prices plunge in Asian markets
19
Feb '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were quoted in the range of US$ 1305/ton to US$ 1310/ton. In the F E Asian market, PX prices plunged and were assessed at US$ 1280/ton. Prices of PX imported from the Taiwanese market surged and were quoted in the range of US$ 1310/ton to US$ 1315/ton.
 
PTA prices declined in Asian markets. In the S E Asian market, PTA prices plunged and were quoted in the range of US$ 945/ton to US$ 950/ton. In the F E Asian market, PTA prices declined and were assessed at US$ 945/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 945/ton to US$ 950/ton. In the Chinese domestic market, PTA prices decreased and were assessed in the range of RMB 6540/ton to RMB 6580/ton.
 
Ethylene prices followed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices increased and were assessed in the range off US$ 1395/ton to US$ 1400/ton. In the F E Asian region, Ethylene prices remained unchanged and were quoted at US$ 1400/ton. In the US market, Ethylene prices declined and were quoted in the range of 49.50 cents/pound to 50.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were quoted at US$ 1215/ton and € 940/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices jumped and were quoted at US$ 965/ton. In the Chinese international market, MEG prices remained unchanged and were assessed in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, MEG prices surged and were quoted in the range of RMB 6875/ton to RMB 6925/ton.
 
In the S E Asian region, BG PET Chips prices fell and were assessed in the range of US$ 1300/ton to US$ 1340/ton, and some deals were discussed in the range of US$ 1310/ton to US$ 1350/ton. In the F E Asian market, selling offers were quoted at US$ US$ 1320/ton to US$ 1360/ton, while talked prices were between US$ 1310/ton to US$ 1350/ton. In the Chinese market, BG PET Chips prices declined and were assessed in the range of RMB 8550/ton to RMB 8600/ton.
 
In the Korean market, FG PET Chips prices decreased and were assessed in the range of US$ 1130/ton to US$ 1160/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1190/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices declined and were assessed in the range of RMB 8500/ton to RMB 8550/ton.
 
PSF prices remained unchanged in Asian markets. In the F E Asian market, PSF prices were assessed 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 stable and were assessed in the range of RMB 9475/ton to RMB 9500/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained stable and were quoted at RMB 9400/ton, RMB 11300/ton while FDY prices declined and were assessed at RMB 10000/ton. In the export market, prices of POY and DTY decreased and were quoted at US$ 1305/ton and US$ 1575/ton, while FDY prices plunged and were assessed at US$ 1385/ton.    
 
Click here to view and compare daily price trends.
 
 

Fibre2fashion News Desk - India


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Larry L Kinn
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson
TissueGen

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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