Home / Knowledge / News / Textiles / MEG prices decline marginally in Asian markets
MEG prices decline marginally in Asian markets
26
May '14
Paraxylene (PX) prices surged in Asian markets. In the S E Asian region, PX prices inched up and were assessed in the range of US$ 1255/ton to US$ 1260/ton. In the F E Asian market, PX prices increased and were offered at US$ 1235/ton. Prices of PX imported from the Taiwanese market surged and were quoted in the range of US$ 1245/ton to US$ 1250/ton.
 
PTA prices increased marginally in the Asian region. In the S E Asian market, PTA prices surged and were assessed in the range of US$ 890/ton to US$ 895/ton. In the F E Asian market, PTA prices increased and were quoted at US$ 885/ton. Prices of PTA imported from the Taiwanese market rose and were offered in the range of US$ 875/ton to US$ 880/ton. In the Chinese domestic market, PTA prices kept inert and were quoted in the range of RMB 6300/ton to RMB 6350/ton.
 
Ethylene prices went up in Asian markets. In the S E Asian market, Ethylene prices increased and were quoted in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices surged and were quoted at US$ 1380/ton. In the US market, Ethylene prices increased and were quoted in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices kept unchanged in the European international market at US$ 1205/ton, while they increased in the domestic market to € 895/ton.
 
MEG prices declined marginally in Asian markets. In the S E Asian region, MEG prices remained steady and were quoted at US$ 915/ton. In the Chinese international market, MEG prices remained steady and were quoted in the range of US$ 910/ton to US$ 915/ton. In the Chinese domestic market, MEG prices remained 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 in the range of US$ 1340/ton to US$ 1380/ton, while talked prices were assessed in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices remained steady and were quoted in the range of RMB 8400/ton to RMB 8450/ton.
 
In the Korean market, FG PET Chips prices kept steady and were quoted in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were offered in the range of US$ 1210/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained steady and were assessed in the range of RMB 7900/ton to RMB 7950/ton.
 
PSF prices stayed steady in the Asian region. In the F E Asian market, PSF prices were assessed 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 remained steady in the range of RMB 8675/ton to RMB 8725/ton.
 
In the Chinese domestic market, prices of Polyester POY increased to RMB 9150/ton, while DTY and FDY prices remained unchanged at RMB 10700/ton and RMB 9350/ton, respectively. In the export market, offers for POY surged to US$ 1230/ton, while DTY and FDY prices remained stable at US$ 1440/ton, and US$ 1245/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Lynda Kelly
Suominen Corporation

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Silvia Venturini Fendi
Fendi s.r.l

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

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

October 2017

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
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

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
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

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
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

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
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


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