Home / Knowledge / News / Textiles / Ethylene prices surge in US; stay steady in other markets
Ethylene prices surge in US; stay steady in other markets
24
Jun '14
Paraxylene (PX) prices continued to increase in Asian markets. In the S E Asian region, PX prices increased and were quoted in the range of US$ 1390/ton to US$ 1395/ton. In the F E Asian market, PX prices inched up and were offered at US$ 1375/ton. Prices of PX imported from the Taiwanese market surged and were assessed in the range of US$ 1375/ton to US$ 1380/ton.
 
PTA prices kept inert in the Asian region. In the S E Asian market, PTA prices remained steady and were offered in the range of US$ 975/ton to US$ 980/ton. In the F E Asian market, PTA prices kept steady and were assessed at US$ 955/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices stayed steady in the range of RMB 7300/ton to RMB 7350/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices remained steady and were quoted in the range of US$ 1405/ton to US$ 1410/ton. In the F E Asian region, Ethylene prices stayed steady and were assessed at US$ 1385/ton. In the US market, Ethylene prices increased and were assessed in the range of 57.00 cents/pound to 58.00 cents/pound. Ethylene prices kept unchanged in the European international as well as in domestic markets and were assessed at US$ 1290/ton and € 1020/ton, respectively.
 
MEG prices stayed stable in Asian markets. In the S E Asian region, MEG prices remained steady and were offered at US$ 1000/ton. In the Chinese international market, MEG prices kept stable and were assessed in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7500/ton to RMB 7550/ton.
 
In the S E Asian region, prices of BG PET Chips kept steady in the range of US$ 1355/ton to US$ 1395/ton, and some deals were concluded in the range of US$ 1365/ton to US$ 1405/ton. In the F E Asian market, selling offers remained steady in the range of US$ 1370/ton to US$ 1410/ton, while talked prices were stable in the range of US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices stayed steady and were quoted in the range of RMB 9400/ton to RMB 9450/ton.
 
In the Korean market, FG PET Chips prices kept inert and were quoted in the range of US$ 1170/ton to US$ 1190/ton. In the Indian market, FOB based prices remained steady in the range of US$ 1240/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices inched up and were offered in the range of RMB 9300/ton to RMB 9350/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices kept steady at US$ 1410/ton. In the S E Asian market, PSF selling prices remained stable at US$ 1310/ton. In the Chinese domestic market, PSF prices increased and were quoted in the range of RMB 9850/ton to RMB 9900/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices increased and were offered at RMB 10550/ton, RMB 11600/ton and RMB 10500/ton, respectively. In the export market, offers for POY, DTY, and FDY moved up to US$ 1440/ton, US$ 1575/ton, and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Johan Berlin
InvestKonsult Sweden AB

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

December 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
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

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
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

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
9.6%
Skip
3.2%

Total Votes: 94

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
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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