Home / Knowledge / News / Textiles / PTA & MEG prices show uptrend in Asian region
PTA & MEG prices show uptrend in Asian region
16
Jun '14
Paraxylene (PX) prices continued to increase in Asian markets. In the S E Asian region, PX prices went up and were quoted in the range of US$ 1330/ton to US$ 1335/ton. In the F E Asian market, PX prices increased and were offered at US$ 1315/ton. Prices of PX imported from the Taiwanese market rose and were quoted in the range of US$ 1285/ton to US$ 1290/ton.
 
PTA prices showed uptrend in the Asian region. In the S E Asian market, PTA prices surged and were offered in the range of US$ 990/ton to US$ 995/ton. In the F E Asian market, PTA prices inched up and were quoted at US$ 965/ton. Prices of PTA imported from the Taiwanese market rose and were assessed in the range of US$ 945/ton to US$ 950/ton. In the Chinese domestic market, PTA prices kept inert and were quoted in the range of RMB 7100/ton to RMB 7200/ton.
 
Ethylene prices declined in Asian markets. In the S E Asian market, Ethylene prices decreased and were offered in the range of US$ 1410/ton to US$ 1415/ton. In the F E Asian region, Ethylene prices dropped and were quoted at US$ 1370/ton. In the US market, Ethylene prices kept unchanged and were assessed in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices moved up in the European international as well as in domestic markets and were assessed at US$ 1285/ton and € 1015/ton, respectively.
 
MEG prices showed upward momentum in Asian markets. In the S E Asian region, MEG prices surged and were offered at US$ 1005/ton. In the Chinese international market, MEG prices decreased and were quoted in the range of US$ 970/ton to US$ 975/ton. In the Chinese domestic market, MEG prices remained stable in the range of RMB 7300/ton to RMB 7350/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1335/ton to US$ 1375/ton, and some deals were concluded in the range of US$ 1345/ton to US$ 1385/ton. In the F E Asian market, selling offers were steady in the range of US$ 1350/ton to US$ 1390/ton, while talked prices were offered in the range of US$ 1360/ton to US$ 1400/ton. In the Chinese market, BG PET Chips prices kept steady and were offered in the range of RMB 9150/ton to RMB 9200/ton.
 
In the Korean market, FG PET Chips prices were stable in the range of US$ 1150/ton to US$ 1190/ton. In the Indian market, FOB based prices stayed steady in the range of US$ 1220/ton to US$ 1250/ton. In the Chinese market, FG PET Chips prices remained steady and were assessed in the range of RMB 8750/ton to RMB 8800/ton.
 
PSF prices continued to show steady trend in the Asian region.  In the F E Asian market, PSF prices were quoted at US$ 1410/ton. In the S E Asian market, PSF selling prices kept steady at US$ 1310/ton. In the Chinese domestic market, PSF prices were remained stable and were offered in the range of RMB 9450/ton to RMB 9500/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept unchanged and were quoted at RMB 9850/ton, RMB 11250/ton and RMB 10050/ton, respectively. In the export market, offers for POY, DTY and FDY remained stable at US$ 1330/ton, US$ 1520/ton and US$ 1350/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search