Home / Knowledge / News / Textiles / PTA & MEG prices drop in Asian region
PTA & MEG prices drop in Asian region
03
Apr '14
Paraxylene (PX) prices remained steady in Asian markets. In the S E Asian region, PX prices kept unchanged and were offered in the range of US$ 1220/ton to US$ 1225/ton. In the F E Asian market, PX prices remained stable and were offered at US$ 1200/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1220/ton to US$ 1225/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices plunged and were quoted in the range of US$ 905/ton to US$ 910/ton. In the F E Asian market, PTA prices decreased and were offered at US$ 905/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 905/ton to US$ 910/ton. In the Chinese domestic market, PTA priced dropped and were assessed in the range of RMB 6350/ton to RMB 6400/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices increased and were quoted in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian region, Ethylene prices remained steady and were offered at US$ 1375/ton. In the US market, Ethylene prices kept unchanged and were quoted in the range of 51.00 cents/pound to 51.50 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were quoted at US$ 1200/ton and € 905/ton, respectively.
 
MEG prices decreased in Asian markets. In the S E Asian region, MEG prices declined and were quoted at US$ 945/ton. In the Chinese international market, MEG prices fell and were offered in the range of US$ 945/ton to US$ 950/ton. In the Chinese domestic market, MEG prices dropped and were quoted in the range of RMB 6700/ton to RMB 6750/ton.
 
In the S E Asian region, prices of BG PET Chips stayed stable in the range of US$ 1330/ton to US$ 1370/ton, and some deals were quoted in the range of US$ 1340/ton to US$ 1380/ton. In the F E Asian market, selling offers remained steady in the range of US$ 1350/ton to US$ 1390/ton, while talked prices were assessed between US$ 1360/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices remained stable and were assessed in the range of RMB 8850/ton to RMB 8900/ton.
 
In the Korean market, FG PET Chips prices remained stable and were quoted in the range of US$ 1160/ton to US$ 1200/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1220/ton to US$ 1260/ton. In the Chinese market, FG PET Chips prices kept unchanged and were quoted in the range of RMB 8225/ton to RMB 8275/ton.
 
PSF prices maintained steady trend in the Asian region. In the F E Asian market, PSF prices were quoted at US$ 1480/ton. In the S E Asian market, PSF selling prices were offered at US$ 1380/ton. In the Chinese domestic market, PSF prices kept unchanged in the range of RMB 8825/ton to RMB 8875/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were quoted at RMB 9150/ton, RMB 11050/ton and RMB 9600/ton, respectively. In the export market, offers for POY, DTY, and FDY were stable at US$ 1235/ton, US$ 1500/ton, and US$ 1290/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

PVH Corp Q1 2017 revenue rises 4%

The first quarter revenue of fiscal 2017 at apparel marketer PVH Corp ...

Courtesy: Levi Strauss & Co

Apparel/Garments | On 26th May 2017

LS&Co. to fund water saving solutions

LS&Co. will fund to the tune of more than $350,000 the solutions...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mark Paterson
Technical Absorbents Ltd

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

Marten Alkhagen
Swerea IVF AB

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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