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

Prime Minister Theresa May speaking on the UK government's negotiating objectives for exiting the EU. Courtesy: UK government

Textiles | On 18th Jan 2017

UK to pursue trade agreements with other countries

The United Kingdom will pursue free trade agreements with the EU and...

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Information Technology | On 18th Jan 2017

eBIZ 4.0 to digitise European fashion supply chain

eBIZ 4.0 is a new step of eBIZ, the public-private initiative that...

Interviews View All

Karan Toshniwal
Orange O Tec

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

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Mark Paterson
Technical Absorbents Ltd

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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