Home / Knowledge / News / Textiles / PX & PTA prices continue to rise in Asian markets
PX & PTA prices continue to rise in Asian markets
22
May '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices moved up and were assessed in the range of US$ 1240/ton to US$ 1245/ton. In the F E Asian market, PX prices inched up and were offered at US$ 1220/ton. Prices of PX imported from the Taiwanese market surged and were offered in the range of US$ 1230/ton to US$ 1235/ton.
 
PTA prices continued to increase in the Asian region. In the S E Asian market, PTA prices surged and were offered in the range of US$ 880/ton to US$ 885/ton. In the F E Asian market, PTA prices rose and were quoted at US$ 875/ton. Prices of PTA imported from the Taiwanese market went up and were offered in the range of US$ 865/ton to US$ 870/ton. In the Chinese domestic market, PTA prices increased and were offered in the range of RMB 6300/ton to RMB 6350/ton.
 
Ethylene prices maintained steady trend in Asian markets. In the S E Asian market, Ethylene prices remained stable and were offered in the range of US$ 1445/ton to US$ 1450/ton. In the F E Asian region, Ethylene prices kept inert and were assessed at US$ 1375/ton. In the US market, Ethylene prices increased and were quoted in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices kept inert in the European international as well as in domestic markets and were assessed at US$ 1205/ton and € 885/ton, respectively.
 
MEG prices kept unchanged in Asian markets. In the S E Asian region, MEG prices remained steady and were quoted at US$ 920/ton. In the Chinese international market, MEG prices dropped and were assessed in the range of US$ 910/ton to US$ 915/ton. In the Chinese domestic market, MEG prices stayed steady in the range of RMB 6725/ton to RMB 6775/ton.
 
In the S E Asian region, prices of BG PET Chips were stable in the range of US$ 1320/ton to US$ 1360/ton, and some deals were concluded in the range of US$ 1330/ton to US$ 1370/ton. In the F E Asian market, selling offers were stable at US$ 1340/ton to US$ 1380/ton, while talked prices were quoted in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices remained steady and were offered in the range of RMB 8400/ton to RMB 8450/ton.
 
In the Korean market, FG PET Chips prices remained stable and were offered in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1210/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained unchanged and were quoted in the range of RMB 7900/ton to RMB 7950/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices were offered at US$ 1410/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1310/ton. In the Chinese domestic market, PSF prices stayed stable in the range of RMB 8675/ton to RMB 8725/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY increased to RMB 9000/ton and RMB 9350/ton, while DTY prices remained unaltered at RMB 10700/ton. In the export market, offers for POY and FDY increased to US$ 1210/ton and US$ 1245/ton, while DTY prices remained steady at US$ 1440/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 24th Jun 2017

JD enters into strategic partnership with Farfetch

E-commerce giant, JD, China's largest retailer, and Farfetch, the...

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kerem Durdag
Biovation II LLC

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

Kevin Nelson
TissueGen

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

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

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:
June 2017

June 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