Home / Knowledge / News / Textiles / PX & PTA prices drop in Southeast & Far East Asian markets
PX & PTA prices drop in Southeast & Far East Asian markets
28
Apr '14
Paraxylene (PX) prices showed mixed trend in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1200/ton to US$ 1205/ton. In the F E Asian market, PX prices dropped and were assessed at US$ 1185/ton. Prices of PX imported from the Taiwanese market surged and were offered in the range of US$ 1205/ton to US$ 1210/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices plunged and were offered in the range of US$ 880/ton to US$ 885/ton. In the F E Asian market, PTA prices fell and were assessed at US$ 880/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted 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 6120/ton to RMB 6170/ton.
 
Ethylene prices increased in Asian markets. In the S E Asian market, Ethylene prices surged and were offered in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices increased and were offered at US$ 1385/ton. In the US market, Ethylene prices increased and were quoted in the range of 56.50 cents/pound to 57.50 cents/pound. Ethylene prices declined in the European international as well as in domestic markets and were assessed at US$ 1155/ton and € 855/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices decreased and were quoted at US$ 920/ton. In the Chinese international market, MEG prices remained steady and were assessed in the range of US$ 915/ton to US$ 920/ton. In the Chinese domestic market, MEG prices kept unchanged in the range of RMB 6700/ton to RMB 6760/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1350/ton to US$ 1390/ton, and some deals were concluded in the range of US$ 1360/ton to US$ 1400/ton. In the F E Asian market, selling offers kept steady in the range of US$ 1370/ton to US$ 1410/ton, while talked prices were quoted in the range of US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices declined and were assessed in the range of RMB 8525/ton to RMB 8575/ton.
 
In the Korean market, FG PET Chips prices remained steady and were quoted in the range of US$ 1170/ton to US$ 1210/ton. In the Indian market, FOB based prices were offered in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices remained steady and were assessed in the range of RMB 8300/ton to RMB 8350/ton.
 
PSF prices remained stable in the Asian region. In the F E Asian market, PSF prices were offered at US$ 1470/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1370/ton. In the Chinese domestic market, PSF prices fell and were quoted in the range of RMB 8725/ton to RMB 8775/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY decreased to RMB 9250/ton and RMB 9575/ton, while DTY prices stayed stable at RMB 10900/ton. In the export market, offers for POY and FDY declined to US$ 1245/ton and US$ 1280/ton, while DTY prices were steady at US$ 1470/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Sonia Agarwal
Whitenife

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

Marten Alkhagen
Swerea IVF AB

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Yash P. Kotak
Bombay Hemp Company

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

Ritu Kumar
Label Ritu Kumar

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

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
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