Home / Knowledge / News / Textiles / Ethylene & MEG prices drop in Southeast Asian markets
Ethylene & MEG prices drop in Southeast Asian markets
31
Mar '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices surged and were offered in the range of US$ 1235/ton to US$ 1240/ton. In the F E Asian market, PX prices moved up and were offered at US$ 1220/ton. Prices of PX imported from the Taiwanese market surged and were assessed in the range of US$ 1220/ton to US$ 1225/ton.
 
PTA prices surged in the Asian region. In the S E Asian market, PTA prices increased and were offered in the range of US$ 910/ton to US$ 915/ton. In the F E Asian market, PTA prices surged and were assessed at US$ 910/ton. Prices of PTA imported from the Taiwanese market rose and were offered in the range of US$ 900/ton to US$ 905/ton. In the Chinese domestic market, PTA prices inched up and were offered in the range of RMB 6475/ton to RMB 6525/ton.
 
Ethylene prices declined in Asian markets. In the S E Asian market, Ethylene prices decreased and were offered in the range of US$ 1430/ton to US$ 1435/ton. In the F E Asian region, Ethylene prices declined and were quoted at US$ 1375/ton. In the US market, Ethylene prices remained steady and were offered in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices remained steady in the European international market at US$ 1220/ton, while they declined in European domestic market to € 905/ton.
 
MEG prices decreased in Asian markets. In the S E Asian region, MEG prices dropped and were offered at US$ 955/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 955/ton to US$ 960/ton. In the Chinese domestic market, MEG prices kept steady in the range of RMB 6800/ton to RMB 6850/ton.
 
In the S E Asian region, prices of BG PET Chips kept steady in the range of US$ 1310/ton to US$ 1350/ton, and some deals were quoted in the range of US$ 1320/ton to US$ 1360/ton. In the F E Asian market, selling offers remained steady in the range of US$ 1330/ton to US$ 1370/ton, while talked prices were assessed between US$ 1340/ton and US$ 1380/ton. In the Chinese market, BG PET Chips prices increased and were offered in the range of RMB 8900/ton to RMB 8950/ton.
 
In the Korean market, FG PET Chips prices remained steady and were offered in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1200/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices increased and were quoted in the range of RMB 8000/ton to RMB 8050/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices were offered at US$ 1480/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1380/ton. In the Chinese domestic market, PSF prices kept steady and were quoted in the range of RMB 8700/ton to RMB 8750/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept inert and were quoted at RMB 8950/ton, RMB 10925/ton and RMB 9500/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1205/ton, US$ 1455/ton, and US$ 1260/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Mark Paterson
Technical Absorbents Ltd

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

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mike Hoffman
Gildan Activewear SRL

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

Karan Arora
Karan Arora

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts 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