Home / Knowledge / News / Textiles / Ethylene & MEG prices rise in Southeast Asia
Ethylene & MEG prices rise in Southeast Asia
06
Mar '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices surged and were assessed in the range of US$ 1235/ton to US$ 1240/ton. In the F E Asian market, PX prices rose and were quoted at US$ 1220/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1225/ton to US$ 1230/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices surged were assessed in the range of US$ 895/ton to US$ 900/ton. In the F E Asian market, PTA price increased and were quoted at US$ 895/ton. Prices of PTA imported from the Taiwanese market went up and were offered in the range of US$ 885/ton to US$ 890/ton. In the Chinese domestic market, PTA prices moved up and were assessed in the range of RMB 6300/ton to RMB 6350/ton.
 
Ethylene prices showed varied sentiments in Asian markets. In the S E Asian market, Ethylene prices decreased and were in the range off US$ 1425/ton to US$ 1430/ton. In the F E Asian region, Ethylene prices kept unchanged at US$ 1425/ton. In the US market, Ethylene prices stayed stable in the range of 51.00 cents/pound to 52.00 cents/pound. Ethylene prices remained steady in European international as well as in domestic markets at US$ 1260/ton and € 935/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices surged and were assessed at US$ 950/ton. In the Chinese international market, MEG prices went up and were offered in the range of US$ 910/ton to US$ 915/ton. In the Chinese domestic market, MEG prices kept unchanged in the range of RMB 6800/ton to RMB 6850/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1280/ton to US$ 1320/ton, and some deals were quoted in the range of US$ 1290/ton to US$ 1330/ton. In the F E Asian market, selling offers remained steady and were assessed in the range of US$ 1300/ton to US$ 1340/ton, while talked prices were quoted between US$ 1310/ton and US$ 1350/ton. In the Chinese market, BG PET Chips prices increased and were offered in the range of RMB 8400/ton to RMB 8500/ton.
 
In the Korean market, FG PET Chips prices remained steady and were quoted in the range of US$ 1110/ton to US$ 1150/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1170/ton to US$ 1220/ton. In the Chinese market, FG PET Chips prices plunged and were assessed in the range of RMB 8000/ton to RMB 8025/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices were quoted at US$ 1495/ton. In the S E Asian market, PSF selling prices were offered at US$ 1395/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 8975/ton to RMB 9025/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were quoted at RMB 9000/ton, RMB 11000/ton and RMB 9450/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1225/ton, US$ 1505/ton, and US$ 1280/ton, respectively.
 
Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 22nd Feb 2017

Amazon UK to create 5,000 full time jobs this year

Amazon UK said it will create more than 5,000 full time jobs this...

Textiles | On 22nd Feb 2017

Telangana CM seeks better life for handloom weavers

Chief minister of Telangana, K Chandrashekhar Rao assured handloom...

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Mohammad Hassan
Biax Fiberfilm

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

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

Wendell Rodricks
Wendell Rodricks

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

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
February 2017

February 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