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

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

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

Eamonn Tighe
Nature Works LLC

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Tony Ward
Tony Ward

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

July 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

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

Yes No

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

Yes No

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


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



X