Home / Knowledge / News / Textiles / PX, PTA & MEG prices move up in Southeast Asian region
PX, PTA & MEG prices move up in Southeast Asian region
23
Jul '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices surged and were quoted in the range of US$ 1500/ton to US$ 1505/ton. In the F E Asian market, PX prices inched up and were offered at US$ 1480/ton. Prices of PX imported from the Taiwanese market increased and were assessed in the range of US$ 1490/ton to US$ 1495/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices moved up and were assessed in the range of US$ 1020/ton to US$ 1025/ton. In the F E Asian market, PTA prices rose and were quoted at US$ 1000/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, PTA prices remained steady and were assessed in the range of RMB 7400/ton to RMB 7450/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices increased and were quoted in the range of US$ 1445/ton to US$ 1450/ton. In the F E Asian region, Ethylene prices remained steady and were assessed at US$ 1470/ton. In the US market, Ethylene prices increased and were quoted in the range of 62.50 cents/pound to 63.00 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were offered at US$ 1330/ton and € 1015/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices went up and were quoted at US$ 990/ton. In the Chinese international market, MEG prices inched up and were offered in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, MEG prices kept unchanged in the range of RMB 7450/ton to RMB 7500/ton.
 
In the S E Asian region, prices of BG PET Chips declined in the range of US$ 1370/ton to US$ 1410/ton, and some deals were concluded in the range of US$ 1380/ton to US$ 1420/ton. In the F E Asian market, selling offers dropped and were assessed in the range of US$ 1390/ton to US$ 1430/ton, while talked prices were quoted in the range of US$ 1400/ton to US$ 1440/ton. In the Chinese market, BG PET Chips prices kept steady and were assessed in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, FG PET Chips prices declined and were offered in the range of US$ 1220/ton to US$ 1230/ton. In the Indian market, FOB based prices hovered in the range of US$ 1250/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices remained steady and were assessed in the range of RMB 9150/ton to RMB 9200/ton.
 
PSF prices kept stable in the Asian region. In the F E Asian market, PSF prices remained steady at US$ 1420/ton. In the S E Asian market, PSF selling prices were stable at US$ 1320/ton. In the Chinese domestic market, PSF prices remained stable and were offered in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained stable and were quoted at RMB 9950/ton and RMB 11400/ton, respectively, while FDY prices increased to RMB 10300/ton. In the export market, offers for POY and DTY remained steady at US$ 1355/ton and US$ 1550/ton, respectively, while FDY prices surged to US$ 1395/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Cambodia’s economic growth to remain strong in 2017 & 2018

Apparel/Garments | On 14th Dec 2017

Cambodia’s economic growth to remain strong in 2017 & 2018

Cambodia’s economy is expected to grow at 6.9 per cent and 6.8 per...

2 garment factories to be set up in Jordan’s Arjan, Souf

Apparel/Garments | On 14th Dec 2017

2 garment factories to be set up in Jordan’s Arjan, Souf

Jordanian Prime Minister Hani Mulki recently laid the foundation...

BRC welcomes ‘breakthrough’ on Brexit talks

Apparel/Garments | On 14th Dec 2017

BRC welcomes ‘breakthrough’ on Brexit talks

The British Retail Consortium (BRC) has welcomed the recent...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Liz Manning

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

Lynda Kelly
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

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 ...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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