Home / Knowledge / News / Textiles / PX and MEG prices inch up in Asian region
PX and MEG prices inch up in Asian region
01
Sep '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1300/ton to US$ 1305/ton. In the F E Asian market, PX prices increased and were assessed at US$ 1280/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1290/ton to US$ 1295/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices decreased and were offered in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices plunged and were quoted at US$ 975/ton. Prices of PTA imported from the Taiwanese market dropped and were offered in the range of US$ 980/ton to US$ 985/ton. In the Chinese domestic market, PTA prices remained steady and were offered in the range of RMB 7065/ton to RMB 7115/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained steady and were quoted in the range of US$ 1490/ton to US$ 1495/ton. In the F E Asian region, Ethylene prices kept inert and were quoted at US$ 1490/ton. In the US market, Ethylene prices stayed steady and were offered in the range of 68.00 cents/pound to 68.50 cents/pound. Ethylene prices declined in the European international as well as in domestic markets and were offered at US$ 1270/ton and € 990/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices increased and were quoted at US$ 985/ton. In the Chinese international market, MEG prices remained stable and were offered in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7150/ton to RMB 7200/ton.
 
In the S E Asian region, prices of BG PET Chips remained stable 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 were stable 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 stayed stable and were assessed in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, prices of FG PET Chips kept unchanged 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 steady and were offered in the range of RMB 9100/ton to RMB 9150/ton.
 
PSF prices remained unaltered 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 kept inert at US$ 1320/ton. In the Chinese domestic market, PSF prices kept inert and 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 9750/ton, RMB 11400/ton and RMB 10400/ton, respectively. In the export market, offers for POY, DTY and FDY increased marginally to US$ 1345/ton, US$ 1570/ton and US$ 1430/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Frank Gossmann
Rotorcraft AG

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

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

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

Mohammad Hassan
Biax Fiberfilm

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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:
April 2017

April 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



X