Home / Knowledge / News / Textiles / PX, MEG & PSF prices increase in Asian markets
PX, MEG & PSF prices increase in Asian markets
25
Jun '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices surged and were offered in the range of US$ 1405/ton to US$ 1410/ton. In the F E Asian market, PX prices increased and were quoted at US$ 1390/ton. Prices of PX imported from the Taiwanese market kept inert and were quoted in the range of US$ 1375/ton to US$ 1380/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept steady and were quoted in the range of US$ 975/ton to US$ 980/ton. In the F E Asian market, PTA prices remained stable and were assessed at US$ 955/ton. Prices of PTA imported from the Taiwanese market stayed steady and were offered in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices remained stable in the range of RMB 7200/ton to RMB 7250/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained steady and were offered in the range of US$ 1405/ton to US$ 1410/ton. In the F E Asian region, Ethylene prices kept unchanged and were quoted at US$ 1385/ton. In the US market, Ethylene prices remained steady and were quoted in the range of 57.00 cents/pound to 58.00 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were offered at US$ 1290/ton and € 1020/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices surged and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, MEG prices kept stable in the range of RMB 7500/ton to RMB 7550/ton.
 
In the S E Asian region, prices of BG PET Chips remained 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 were stable in the range of US$ 1370/ton to US$ 1410/ton, while talked prices were steady in the range of US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices remained stable and were offered in the range of RMB 9400/ton to RMB 9450/ton.
 
In the Korean market, FG PET Chips prices remained steady and were offered in the range of US$ 1170/ton to US$ 1190/ton. In the Indian market, FOB based prices were steady in the range of US$ 1240/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices increased and were quoted in the range of RMB 9325/ton to RMB 9375/ton.
 
PSF prices increased in the Asian region. In the F E Asian market, PSF prices rose to US$ 1415/ton. In the S E Asian market, PSF selling prices inched up to US$ 1310/ton. In the Chinese domestic market, PSF prices surged and were quoted in the range of RMB 9900/ton to RMB 9950/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed inert and were quoted at RMB 10550/ton, RMB 11600/ton and RMB 10500/ton, respectively. In the export market, offers for POY, DTY, and FDY increased to US$ 1450/ton, US$ 1580/ton, and US$ 1430/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

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...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Top executives
Textile industry

The foremost issue is bridging the skill gap

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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