Home / Knowledge / News / Textiles / Ethylene prices show mixed trend in Asian markets
Ethylene prices show mixed trend in Asian markets
09
Jun '14
Paraxylene (PX) prices remained steady in Asian markets. In the S E Asian region, PX prices kept inert and were offered in the range of US$ 1275/ton to US$ 1280/ton. In the F E Asian market, PX prices remained steady and were assessed at US$ 1260/ton. Prices of PX imported from the Taiwanese market rose and were quoted in the range of US$ 1275/ton to US$ 1280/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices inched up and were quoted in the range of US$ 970/ton to US$ 975/ton. In the F E Asian market, PTA prices swelled and were quoted at US$ 945/ton. Prices of PTA imported from the Taiwanese market increased and were quoted in the range of US$ 925/ton to US$ 930/ton. In the Chinese domestic market, PTA prices kept stable and were assessed in the range of RMB 6850/ton to RMB 6900/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the F E Asian region, Ethylene prices remained steady and were assessed at US$ 1375/ton. In the US market, Ethylene prices increased and were assessed in the range of 55.50 cents/pound to 56.00 cents/pound. Ethylene prices surged in the European international as well as in domestic markets and were offered at US$ 1280/ton and € 970/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices decreased and were assessed at US$ 970/ton. In the Chinese international market, MEG prices remained steady and were quoted in the range of US$ 980/ton to US$ 985/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7150/ton to RMB 7200/ton.
 
In the S E Asian region, prices of BG PET Chips kept unchanged in the range of US$ 1320/ton to US$ 1360/ton, and some deals were quoted 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 offered in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices remained steady and were assessed in the range of RMB 8700/ton to RMB 8725/ton.
 
In the Korean market, FG PET Chips prices were steady and were assessed 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 surged and were assessed in the range of RMB 8750/ton to RMB 8800/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices were quoted at US$ 1405/ton. In the S E Asian market, PSF selling prices remained inert at US$ 1305/ton. In the Chinese domestic market, PSF prices kept unchanged and were assessed in the range of RMB 9025/ton to RMB 9075/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices increased and were offered at RMB 9800/ton, RMB 11250/ton and RMB 10050/ton, respectively. In the export market, offers for POY, DTY, and FDY surged to US$ 1325/ton, US$ 1515/ton, and US$ 1345/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Sanjay K Jain, managing director, TT Ltd

Textiles | On 21st Sep 2017

TT’s Sanjay Jain elected new chairman of CITI

The Confederation of Indian Textile Industry (CITI), the apex body...

Textiles | On 21st Sep 2017

NRF urges US lawmakers to lower corporate tax rates

The National Retail Federation (NRF) has written to the US Senate...

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Asim Dalal
Indo Count Retail Ventures

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

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Rupa Sood and Sharan Apparao
Nayaab

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

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