Home / Knowledge / News / Textiles / MEG prices inch up in Southeast Asian region
MEG prices inch up in Southeast Asian region
11
Aug '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices increased and were offered in the range of US$ 1430/ton to US$ 1435/ton. In the F E Asian market, PX prices surged and were assessed at US$ 1410/ton. Prices of PX imported from the Taiwanese market rose and were quoted in the range of US$ 1400/ton to US$ 1405/ton.
 
PTA prices kept inert in the Asian region. In the S E Asian market, PTA prices remained stable 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 offered at US$ 1005/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, PTA prices inched up and were quoted in the range of RMB 7475/ton to RMB 7525/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices kept unchanged and were assessed in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices declined and were offered at US$ 1510/ton. In the US market, Ethylene prices fell and were quoted in the range of 66.50 cents/pound to 67.00 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were offered at US$ 1305/ton and € 1005/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices went up and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices moved up and were offered in the range of US$ 1005/ton to US$ 1010/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 kept unchanged in the range of US$ 1360/ton to US$ 1400/ton, and some deals were concluded in the range of US$ 1370/ton to US$ 1410/ton. In the F E Asian market, selling offers remained 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 stayed steady and were offered in the range of RMB 9400/ton to RMB 9450/ton.
 
In the Korean market, FG PET Chips remained steady 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 increased and were quoted in the range of RMB 9200/ton to RMB 9250/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices kept steady at US$ 1420/ton. In the S E Asian market, PSF selling prices remained stable at US$ 1320/ton. In the Chinese domestic market, PSF prices unchanged in the range of RMB 9700/ton to RMB 9750/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 9750/ton, RMB 11350/ton and RMB 10175/ton, respectively. In the export market, offers for POY, DTY and FDY remained stable at US$ 1335/ton, US$ 1555/ton and US$ 1350/ton, respectively.
 
Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Paolo Ocleppo
Sandvik Hyperion

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

Steve Cole
Xerium Technologies

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

Lynda Kelly
Suominen Corporation

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

Silvia Venturini Fendi
Fendi s.r.l

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

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