Home / Knowledge / News / Textiles / MEG prices decrease marginally in Asian markets
MEG prices decrease marginally in Asian markets
26
Aug '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices went down and were offered in the range of US$ 1315/ton to US$ 1320/ton. In the F E Asian market, PX prices plunged and were assessed at US$ 1295/ton. Prices of PX imported from the Taiwanese market dropped and were offered in the range of US$ 1330/ton to US$ 1335/ton.
 
PTA prices decreased in the Asian region. In the S E Asian market, PTA prices fell and were offered in the range of US$ 1015/ton to US$ 1020/ton. In the F E Asian market, PTA prices declined and were quoted at US$ 995/ton. Prices of PTA imported from the Taiwanese market remained steady and were offered in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, PTA price decreased and were assessed in the range of RMB 7210/ton to RMB 7260/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices kept unchanged and were offered in the range of US$ 1490/ton to US$ 1495/ton. In the F E Asian region, Ethylene prices remained steady and were quoted at US$ 1490/ton. In the US market, Ethylene prices kept steady and were assessed in the range of 67.00 cents/pound to 67.50 cents/pound. Ethylene prices remained inert in the European international as well as in domestic markets and were quoted at US$ 1280/ton and € 1000/ton, respectively.
 
MEG prices declined marginally in Asian markets. In the S E Asian region, MEG prices decreased and were offered at US$ 990/ton. In the Chinese international market, MEG prices kept inert and were quoted in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, MEG prices inched down and were assessed in the range of RMB 7270/ton to RMB 7320/ton.
 
In the S E Asian region, prices of BG PET Chips declined in the range of US$ 1330/ton to US$ 1370/ton, and some deals were concluded in the range of US$ 1340/ton to US$ 1380/ton. In the F E Asian market, selling offers declined in the range of US$ 1340/ton to US$ 1380/ton, while talked prices were quoted in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices increased and were quoted in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, prices of FG PET Chips declined and were assessed in the range of US$ 1170/ton to US$ 1180/ton. In the Indian market, FOB based prices hovered in the range of US$ 1200/ton to US$ 1230/ton. In the Chinese market, FG PET Chips prices remained stable and were assessed in the range of RMB 9150/ton to RMB 9200/ton.
 
PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices remained steady at US$ 1430/ton. In the S E Asian market, PSF selling prices were steady at US$ 1330/ton. In the Chinese domestic market, PSF prices kept stable and were quoted in the range of RMB 9750/ton to RMB 9800/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY maintained steady trend at RMB 9750/ton, RMB 11400/ton and RMB 10400/ton, respectively. In the export market, offers for POY, DTY and FDY prices remained stable at US$ 1340/ton, US$ 1565/ton and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Thrace-LINQ expanding Dorchester County operations

Thrace-LINQ, a global supplier of fabrics for the textile industry,...

Courtesy: Levis

Fashion | On 26th Sep 2017

Google unveils smart denim jacket with Levi Strauss

Ending the months-long wait, Google has unveiled its smart denim...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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
75.5%
No
12.2%
Skip
12.2%

Total Votes: 49

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
63.3%
No
24.5%
Skip
12.2%

Total Votes: 49

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
87.8%
No
6.1%
Skip
6.1%

Total Votes: 49

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
71.4%
No
10.2%
Skip
18.4%

Total Votes: 49


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