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 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

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

Prathyusha Garimella
Prathyusha Garimella

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

Sonam & Paras Modi
SVA

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search