Home / Knowledge / News / Textiles / PX prices continue to decline in Far East Asian markets
PX prices continue to decline in Far East Asian markets
05
Aug '14
Paraxylene (PX) prices inched down in Asian markets. In the S E Asian region, PX prices went down and were offered in the range of US$ 1355/ton to US$ 1360/ton. In the F E Asian market, PX prices continued to decline and were quoted at US$ 1340/ton. Prices of PX imported from the Taiwanese market fell and were offered in the range of US$ 1385/ton to US$ 1390/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept inert and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In the F E Asian market, PTA prices remained steady and were assessed at US$ 1005/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices stayed steady and were offered in the range of RMB 7450/ton to RMB 7500/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices kept inert and were offered in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1520/ton. In the US market, Ethylene prices increased and were offered in the range of 67.50 cents/pound to 68.00 cents/pound. Ethylene prices declined in the European international as well as in domestic markets and were assessed at US$ 1325/ton and € 1025/ton, respectively.
 
MEG prices maintained stable trend in Asian markets. In the S E Asian region, MEG prices kept steady and were quoted at US$ 985/ton. In the Chinese international market, MEG prices kept stable and were assessed in the range of US$ 990/ton to US$ 995/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 declined marginally and were assessed in the range of US$ 1360/ton to US$ 1400/ton. Some deals were concluded in the range of US$ 1370/ton to US$ 1410/ton. In the F E Asian market, selling offers dropped and were quoted in the range of US$ 1380/ton to US$ 1420/ton, while talked prices were assessed in the range of US$ 1390/ton to US$ 1430/ton. In the Chinese market, BG PET Chips prices kept inert and were assessed in the range of RMB 9500/ton to RMB 9550/ton.
 
In the Korean market, FG PET Chips prices dipped marginally and were offered 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 declined and were quoted in the range of RMB 9200/ton to RMB 9250/ton.
 
PSF prices kept unchanged in the Asian region. In the F E Asian market, PSF prices remained stable at US$ 1420/ton. In the S E Asian market, PSF selling prices stayed steady at US$ 1320/ton. In the Chinese domestic market, PSF prices kept inertand were assessed in the range of RMB 9700/ton to RMB 9750/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 9900/ton, RMB 11400/ton and RMB 11200/ton, respectively. In the export market, offers for POY, DTY and FDY increased to US$ 1355/ton, US$ 1560/ton and US$ 1390/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

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

Pranav Mishra
Huemn

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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