Home / Knowledge / News / Textiles / MEG prices decline in Chinese international market
MEG prices decline in Chinese international market
30
Apr '14
Paraxylene (PX) prices kept inert in Asian markets. In the S E Asian region, PX prices remained steady and were offered in the range of US$ 1190/ton to US$ 1195/ton. In the F E Asian market, PX prices remained stable and were assessed at US$ 1170/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1190/ton to US$ 1195/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices remained stable and were quoted in the range of US$ 875/ton to US$ 880/ton. In the F E Asian market, PTA prices kept unchanged and were quoted at US$ 875/ton. Prices of PTA imported from the Taiwanese market declined and were offered in the range of US$ 870/ton to US$ 875/ton. In the Chinese domestic market, PTA prices remained steady and were quoted in the range of RMB 6100/ton to RMB 6150/ton.
 
Ethylene prices stayed stable in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices remained unchanged and were offered at US$ 1385/ton. In the US market, Ethylene prices remained steady and were offered in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices remained steady in the European international as well as domestic markets and were quoted at US$ 1155/ton and € 855/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices dropped and were quoted at US$ 900/ton. In the Chinese international market, MEG prices decreased and were offered in the range of US$ 895/ton to US$ 900/ton. In the Chinese domestic market, MEG prices remained steady 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$ 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 were 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 kept inert and were assessed in the range of RMB 8200/ton to RMB 8250/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 assessed in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices kept inert and were offered in the range of RMB 8200/ton to RMB 8250/ton.
 
PSF prices kept steady in the Asian region. In the F E Asian market, PSF prices were quoted 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 remained steady in the range of RMB 8725/ton to RMB 8775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices were stable at RMB 9250/ton, RMB 10900/ton and RMB 9575/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1240/ton, US$ 1465/ton, and US$ 1275/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

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...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

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

Madhu Jain
Madhu Jain

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