Home / Knowledge / News / Textiles / MEG prices decline in Asian markets
MEG prices decline in Asian markets
27
Feb '14
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices plunged and were assessed in the range of US$ 1225/ton to US$ 1230/ton. In the F E Asian market, PX prices dipped and were quoted at US$ 1205/ton. Prices of PX imported from the Taiwanese market remained stable and were assessed in the range of US$ 1235/ton to US$ 1240/ton.
 
PTA prices plunged in Asian markets. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 890/ton to US$ 895/ton. In the F E Asian market, PTA prices declined and were assessed at US$ 890/ton. Prices of PTA imported from the Taiwanese market decreased and were quoted in the range of US$ 890/ton to US$ 895/ton. In the Chinese domestic market, PTA prices fell and were assessed in the range of RMB 6200/ton to RMB 6250/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices surged and were quoted in the range off US$ 1420/ton to US$ 1425/ton. In the F E Asian region, Ethylene prices remained unchanged and were assessed at US$ 1410/ton. In the US market, Ethylene prices plunged and were quoted in the range of 50.00 cents/pound to 50.50 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were assessed at US$ 1265/ton and € 950/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices plunged and were quoted at US$ 900/ton. In the Chinese international market, MEG prices increased and were assessed in the range of US$ 915/ton to US$ 920/ton. In the Chinese domestic market, MEG price decreased and were quoted in the range of RMB 6500/ton to RMB 6550/ton.
 
In the S E Asian region, BG PET Chips remained unchanged 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 remained stable and were quoted in the range of RMB 8350/ton to RMB 8400/ton.
 
In the Korean market, FG PET Chips prices remained stable and were quoted in the range of US$ 1130/ton to US$ 1160/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1190/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained unchanged and were quoted in the range of RMB 8400/ton to RMB 8450/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were assessed at US$ 1505/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1405/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 9275/ton to RMB 9325/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY decreased at RMB 9175/ton, RMB 11100/ton, while FDY prices remained unchanged and were assessed at RMB 9650/ton. In the export market, prices of POY and DTY declined at US$ 1265/ton and US$ 1540/ton, while FDY prices remained unchanged and were quoted at US$ 1325/ton.    
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Frank Gossmann
Rotorcraft AG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

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

Silke Brand-Kirsch
Schlegel und Partner

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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