Home / Knowledge / News / Textiles / PTA & Ethylene prices show mixed trend in Asian markets
PTA & Ethylene prices show mixed trend in Asian markets
10
Jun '14
Paraxylene (PX) prices maintained steady trend in Asian markets. In the S E Asian region, PX prices remained steady and were assessed in the range of US$ 1275/ton to US$ 1280/ton. In the F E Asian market, PX prices kept inert and were offered at US$ 1260/ton. Prices of PX imported from the Taiwanese market kept steady and were assessed in the range of US$ 1275/ton to US$ 1280/ton.
 
PTA prices showed mixed trend in the Asian region. In the S E Asian market, PTA prices declined and were offered in the range of US$ 965/ton to US$ 970/ton. In the F E Asian market, PTA prices increased and were quoted at US$ 970/ton. Prices of PTA imported from the Taiwanese market rose and were quoted in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, PTA prices increased and were quoted in the range of RMB 6900/ton to RMB 6950/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$ 1425/ton to US$ 1430/ton. In the F E Asian region, Ethylene prices kept unchanged and were quoted at US$ 1375/ton. In the US market, Ethylene prices moved up and were assessed in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices kept steady in the European international as well as in domestic markets and were assessed at US$ 1280/ton and € 970/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices inched up and were offered at US$ 990/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 960/ton to US$ 965/ton. In the Chinese domestic market, MEG prices increased and were quoted in the range of RMB 7250/ton to RMB 7300/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 offered 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 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 8700/ton to RMB 8725/ton.
 
In the Korean market, FG PET Chips prices remained stable 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 offered in the range of RMB 8750/ton to RMB 8800/ton.
 
PSF prices kept steady in the Asian region. In the F E Asian market, PSF prices were assessed at US$ 1405/ton. In the S E Asian market, PSF selling prices stayed unchanged at US$ 1305/ton. In the Chinese domestic market, PSF prices kept stable and were quoted in the range of RMB 9025/ton to RMB 9075/ton.
 
In the Chinese domestic market, prices of Polyester POY increased to RMB 9850/ton, while DTY and FDY prices remained stable at RMB 11250/ton and RMB 10050/ton, respectively. In the export market, offers for POY increased to US$ 1330/ton, while DTY and FDY prices kept stable at US$ 1515/ton and US$ 1345/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Turkish-Algerian JV to set up textile unit in Relizane

Textiles | On 17th Jan 2018

Turkish-Algerian JV to set up textile unit in Relizane

Construction of one of Africa's largest textile production...

Courtesy: Indorama Ventures

Textiles | On 17th Jan 2018

IVL, Huvis to enter JV for Low Melting Fibre plant in US

Indorama Ventures Limited (IVL), a global chemical producer, and...

Future Group to set up garment manufacturing in Bengal

Apparel/Garments | On 17th Jan 2018

Future Group to set up garment manufacturing in Bengal

Kishore Biyani-led Future Group is going to set up a garment...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Lynda Kelly
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Akta Adani
India Boulevard

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

January 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
68.8%
No
13.5%
Skip
17.7%

Total Votes: 96

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
63.5%
No
29.2%
Skip
7.3%

Total Votes: 96

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
87.5%
No
9.4%
Skip
3.1%

Total Votes: 96

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
82.3%
No
8.3%
Skip
9.4%

Total Votes: 96


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