Home / Knowledge / News / Textiles / MEG prices drop in Chinese markets
MEG prices drop in Chinese markets
12
Mar '14
Paraxylene (PX) prices remained steady in Asian markets. In the S E Asian region, PX prices kept inert and were assessed in the range of US$ 1220/ton to US$ 1225/ton. In the F E Asian market, PX prices remained steady and were quoted at US$ 1200/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1220/ton to US$ 1225/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices increased and were quoted in the range of US$ 890/ton to US$ 895/ton. In the F E Asian market, PTA prices surged and were assessed at US$ 890/ton. Prices of PTA imported from the Taiwanese market declined and were offered in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, PTA prices remained steady and were quoted in the range of RMB 6225/ton to RMB 6275/ton.
 
Ethylene prices stayed stable in Asian markets. In the S E Asian market, Ethylene prices remained unchanged and were assessed in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices kept steady and were assessed at US$ 1445/ton. In the US market, Ethylene prices increased and were offered in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices declined in the European international market to US$ 1230/ton, while they increased in European domestic market to € 915/ton.
 
MEG prices remained steady in Asian markets. In the S E Asian region, MEG prices remained stable at US$ 915/ton. In the Chinese international market, MEG prices dropped and were quoted in the range of US$ 905/ton to US$ 910/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 6600/ton to RMB 6650/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1260/ton to US$ 1300/ton, and some deals were assessed in the range of US$ 1270/ton to US$ 1310/ton. In the F E Asian market, selling offers kept unchanged in the range of US$ 1280/ton to US$ 1320/ton, while talked prices were offered between US$ 1290/ton and US$ 1330/ton. In the Chinese market, BG PET Chips prices remained steady and were assessed in the range of RMB 8500/ton to RMB 8600/ton.
 
In the Korean market, FG PET Chips prices kept steady and were assessed in the range of US$ 1100/ton to US$ 1140/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1160/ton to US$ 1210/ton. In the Chinese market, FG PET Chips prices remained steady and were assessed in the range of RMB 8000/ton to RMB 8025/ton.
 
PSF prices stayed stable 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 assessed at US$ 1395/ton. In the Chinese domestic market, PSF prices remained unchanged in the range of RMB 8925/ton to RMB 8975/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY were steady at RMB 8900/ton and RMB 9400/ton, respectively, while DTY prices declined to RMB 10900/ton. In the export market, offers for POY and FDY kept steady at US$ 1215/ton and US$ 1275/ton, while DTY prices declined to US$ 1495/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 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