Home / Knowledge / News / Textiles / MEG prices increase in Southeast Asian region
MEG prices increase in Southeast Asian region
02
Sep '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices plunged and were quoted in the range of US$ 1285/ton to US$ 1290/ton. In the F E Asian market, PX prices went down and were quoted at US$ 1270/ton. Prices of PX imported from the Taiwanese market went up and were quoted in the range of US$ 1295/ton to US$ 1300/ton.
 
PTA prices kept inert in the Asian region. In the S E Asian market, PTA prices remained steady and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices remained steady and were offered at US$ 975/ton. Prices of PTA imported from the Taiwanese market inched down and were assessed in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, PTA prices remained steady and were offered in the range of RMB 7025/ton to RMB 7075/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices kept unchanged and were assessed in the range of US$ 1490/ton to US$ 1495/ton. In the F E Asian region, Ethylene prices remained unaltered and were assessed at US$ 1490/ton. In the US market, Ethylene prices increased and were offered in the range of 69.00 cents/pound to 69.50 cents/pound. Ethylene prices dipped in the European international as well as in domestic markets and were offered at US$ 1250/ton and € 975/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices surged and were quoted at US$ 990/ton. In the Chinese international market, MEG prices remained steady and were assessed in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, MEG prices stayed steady in the range of RMB 7150/ton to RMB 7200/ton.
 
In the S E Asian region, prices of BG PET Chips kept 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 remained steady 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 remained steady and were quoted in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, prices of FG PET Chips kept inert and were assessed in the range of US$ 1170/ton to US$ 1180/ton. In the Indian market, FOB based prices were 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 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 kept inert at US$ 1320/ton. In the Chinese domestic market, PSF prices remained steady and were quoted in the range of RMB 9700/ton to RMB 9750/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY remained stable at RMB 9750/ton and RMB 10400/ton, respectively, while DTY prices increased to RMB 11450/ton. In the export market, offers for POY and FDY kept inert at US$ 1345/ton and US$ 1430/ton, respectively, whereas DTY prices increased to US$ 1575/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Marazban F Velati
Sutlej Textiles & Industries limited

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

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

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:
June 2017

June 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