Home / Knowledge / News / Textiles / PTA & MEG prices increase in Asian markets
PTA & MEG prices increase in Asian markets
29
May '14
Paraxylene (PX) prices remained steady in Asian markets. In the S E Asian region, PX prices kept unchanged and were offered in the range of US$ 1260/ton to US$ 1265/ton. In the F E Asian market, PX prices remained stable and were assessed at US$ 1240/ton. Prices of PX imported from the Taiwanese market declined and were offered in the range of US$ 1260/ton to US$ 1265/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices went up and were quoted in the range of US$ 905/ton to US$ 910/ton. In the F E Asian market, PTA prices surged and were offered at US$ 900/ton. Prices of PTA imported from the Taiwanese market rose and were offered in the range of US$ 890/ton to US$ 895/ton. In the Chinese domestic market, PTA prices kept inert and were assessed in the range of RMB 6450/ton to RMB 6500/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were offered in the range of US$ 1455/ton to US$ 1460/ton. In the F E Asian region, Ethylene prices remained steady and were assessed at US$ 1380/ton. In the US market, Ethylene prices remained steady and were quoted in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were at offered at US$ 1205/ton and € 895/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices climbed up and were offered at US$ 935/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 increased and were quoted in the range of RMB 6900/ton to RMB 6950/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1320/ton to US$ 1360/ton, and some deals were assessed in the range of US$ 1330/ton to US$ 1370/ton. In the F E Asian market, selling offers were steady in the range of 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 increased and were assessed in the range of RMB 8500/ton to RMB 8550/ton.
 
In the Korean market, FG PET Chips prices stayed steady 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 increased and were offered in the range of RMB 8150/ton to RMB 8175/ton.
 
PSF prices declined in the Asian region. In the F E Asian market, PSF prices went down to US$ 1400/ton. In the S E Asian market, PSF selling prices dropped to US$ 1300/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 8775/ton to RMB 8825/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained steady at RMB 9200/ton and RMB 10725/ton, respectively, while FDY prices increased to RMB 9400/ton. In the export market, offers for POY and DTY declined to US$ 1230/ton and US$ 1435/ton, respectively, while FDY prices increased to US$ 1250/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Japan’s JICA promoting energy-saving devices in Bangladesh

Apparel/Garments | On 21st Feb 2018

Japan’s JICA promoting energy-saving devices in Bangladesh

The Japan International Cooperation Agency (JICA) is promoting use of ...

China’s JD.com announces financing pacts for JD Logistics

Textiles | On 21st Feb 2018

China’s JD.com announces financing pacts for JD Logistics

China’s largest retailer JD.com Inc recently announced it has entered ...

Courtesy: Indorama Ventures

Textiles | On 21st Feb 2018

IVL 2017 revenue up 17% y-o-y to $8,438 million

Indorama Ventures Public Company Limited (IVL) has reported revenue...

Interviews View All

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silvia Venturini Fendi
Fendi s.r.l

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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 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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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