Home / Knowledge / News / Textiles / BG PET Chips prices decrease in Chinese domestic market
BG PET Chips prices decrease in Chinese domestic market
06
May '14
Paraxylene (PX) prices remained steady in Asian markets. In the S E Asian region, PX prices kept inert and were quoted in the range of US$ 1170/ton to US$ 1175/ton. In the F E Asian market, PX prices remained stable and were assessed at US$ 1155/ton. Prices of PX imported from the Taiwanese market declined and were offered in the range of US$ 1175/ton to US$ 1180/ton.
 
PTA prices kept unchanged in the Asian region. In the S E Asian market, PTA prices were quoted in the range of US$ 875/ton to US$ 880/ton. In the F E Asian market, PTA prices remained steady and were assessed at US$ 870/ton. Prices of PTA imported from the Taiwanese market remained stable in the range of US$ 865/ton to US$ 870/ton. In the Chinese domestic market, PTA prices declined and were quoted in the range of RMB 6050/ton to RMB 6100/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices remained steady and were quoted in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices kept steady and were assessed at US$ 1380/ton. In the US market, Ethylene prices decreased and were assessed in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices kept steady in the European international as well as domestic markets and were quoted at US$ 1215/ton and € 885/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices dropped and were quoted at US$ 905/ton. In the Chinese international market, MEG prices remained stable and were offered in the range of US$ 900/ton to US$ 905/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 6575/ton to RMB 6625/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1340/ton to US$ 1380/ton, and some deals were concluded in the range of US$ 1350/ton to US$ 1390/ton. In the F E Asian market, selling offers kept unchanged in the range of US$ 1360/ton to US$ 1400/ton, while talked prices were assessed in the range of US$ 1370/ton to US$ 1410/ton. In the Chinese market, BG PET Chips prices decreased and were assessed in the range of RMB 8050/ton to RMB 8100/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 offered in the range of US$ 1230/ton to US$ 1260/ton. In the Chinese market, FG PET Chips prices remained stable in the range of RMB 8200/ton to RMB 8250/ton.
 
PSF prices remained steady trend in the Asian region. In the F E Asian market, PSF prices were assessed at US$ 1400/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1300/ton. In the Chinese domestic market, PSF prices kept inert in the range of RMB 8700/ton to RMB 8750/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY fell marginally to RMB 9075/ton and RMB 10850/ton, while FDY prices remained stable at RMB 9500/ton. In the export market, offers for POY and DTY declined to US$ 1215/ton and US$ 1455/ton, while FDY prices stayed steady at US$ 1260/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Judy Frater
Somaiya Kala Vidya

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

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

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 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search