Home / Knowledge / News / Textiles / MEG prices increase in China and Southeast Asia
MEG prices increase in China and Southeast Asia
30
May '14
Paraxylene (PX) prices continued its steady trend in Asian markets. In the S E Asian region, PX prices remained steady and were assessed in the range of US$ 1260/ton to US$ 1265/ton. In the F E Asian market, PX prices kept inert and were quoted at US$ 1240/ton. Prices of PX imported from the Taiwanese market remained steady and were assessed 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 surged and were offered in the range of US$ 910/ton to US$ 915/ton. In the F E Asian market, PTA prices rose and were assessed at US$ 910/ton. Prices of PTA imported from the Taiwanese market continued to increase and were quoted in the range of US$ 895/ton to US$ 900/ton. In the Chinese domestic market, PTA prices stayed steady and were assessed in the range of RMB 6500/ton to RMB 6540/ton.
 
Ethylene prices were stable in the Asian region. In the S E Asian market, Ethylene prices remained steady and were quoted in the range of US$ 1455/ton to US$ 1460/ton. In the F E Asian region, Ethylene prices kept stable and were quoted at US$ 1380/ton. In the US market, Ethylene prices kept unchanged and were assessed in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices increased in the European international as well as in domestic markets and were quoted at US$ 1215/ton and € 920/ton, respectively.
 
MEG prices continued to surge in Asian markets. In the S E Asian region, MEG prices increased and were quoted at US$ 955/ton. In the Chinese international market, MEG prices inched up and were offered in the range of US$ 925/ton to US$ 930/ton. In the Chinese domestic market, MEG prices rose and were assessed in the range of RMB 7000/ton to RMB 7050/ton.
 
In the S E Asian region, prices of BG PET Chips kept steady 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 assessed in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices surged and were quoted in the range of RMB 8550/ton to RMB 8600/ton.
 
In the Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted 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 8225/ton to RMB 8275/ton.
 
PSF prices were stable in the Asian region. In the F E Asian market, PSF prices remained steady at US$ 1400/ton. In the S E Asian market, PSF selling prices kept steady at US$ 1300/ton. In the Chinese domestic market, PSF prices remained unchanged and were assessed in the range of RMB 8775/ton to RMB 8825/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY increased to RMB 9300/ton and RMB 10750/ton, while FDY prices kept steady at RMB 9400/ton. In the export market, offers for POY and DTY surged to US$ 1245/ton and US$ 1440/ton, respectively, while FDY prices remained stable at US$ 1250/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Urs Stalder
Sanitized AG

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

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...

Rupa Sood and Sharan Apparao
Nayaab

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

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

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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