Home / Knowledge / News / Textiles / MEG prices fall in Chinese international market
MEG prices fall in Chinese international market
02
Jul '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices declined and were quoted at US$ 1410/ton. Prices of PX imported from the Taiwanese market kept inert and were offered in the range of US$ 1475/ton to US$ 1480/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept stable and were offered in the range of US$ 1020/ton to US$ 1025/ton. In the F E Asian market, PTA prices surged and were assessed at US$ 1000/ton. Prices of PTA imported from the Taiwanese market remained stable and were offered in the range of US$ 970/ton to US$ 975/ton. In the Chinese domestic market, PTA prices kept unchanged in the range of RMB 7600/ton to RMB 7650/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices stayed steady and were offered in the range of US$ 1445/ton to US$ 1450/ton. In the F E Asian region, Ethylene prices remained steady and were quoted at US$ 1410/ton. In the US market, Ethylene prices remained stable and were offered in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices kept steady in the European international as well as in domestic markets and were quoted at US$ 1320/ton and € 1060/ton, respectively.
 
MEG prices dropped in Asian markets. In the S E Asian region, MEG prices declined and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices fell and were offered in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7400/ton to RMB 7450/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1365/ton to US$ 1405/ton, and some deals were concluded in the range of US$ 1375/ton to US$ 1415/ton. In the F E Asian market, selling offers were steady in the range of US$ 1380/ton to US$ 1420/ton, while talked prices were offered in the range of US$ 1390/ton to US$ 1430/ton. In the Chinese market, BG PET Chips prices increased and were assessed in the range of RMB 9750/ton to RMB 9800/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1210/ton to US$ 1220/ton. In the Indian market, FOB based prices were in the range of US$ 1240/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices kept steady and were quoted in the range of RMB 9400/ton to RMB 9450/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices kept stable at US$ 1410/ton. In the S E Asian market, PSF selling prices remained steady at US$ 1310/ton. In the Chinese domestic market, PSF prices stayed stable in the range of RMB 10025/ton to RMB 10075/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept inert and were assessed at RMB 10600/ton, RMB 11700/ton and RMB 10650/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1460/ton, US$ 1595/ton, and US$ 1445/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Asim Dalal
Indo Count Retail Ventures

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

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...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
February 2017

February 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