Home / Knowledge / News / Textiles / MEG prices drop in Chinese domestic market
MEG prices drop in Chinese domestic market
03
Sep '14
Paraxylene (PX) prices showed mixed trend in Asian markets. In the S E Asian region, PX prices increased and were offered in the range of US$ 1290/ton to US$ 1295/ton. In the F E Asian market, PX prices kept inert and were assessed at US$ 1270/ton. Prices of PX imported from the Taiwanese market went down and were quoted in the range of US$ 1285/ton to US$ 1290/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 assessed at US$ 975/ton. Prices of PTA imported from the Taiwanese market plunged and were quoted in the range of US$ 970/ton to US$ 975/ton. In the Chinese domestic market, PTA prices declined and were offered in the range of RMB 6945/ton to RMB 6995/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices kept stable and were quoted in the range of US$ 1490/ton to US$ 1495/ton. In the F E Asian region, Ethylene prices remained steady and were offered at US$ 1490/ton. In the US market, Ethylene prices surged and were offered in the range of 70.00 cents/pound to 70.50 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were offered at US$ 1250/ton and € 975/ton, respectively.
 
MEG prices declined in the Asian region. In the S E Asian region, MEG prices declined and were offered at US$ 990/ton. In the Chinese international market, MEG prices stayed steady and were offered in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, MEG prices declined in the range of RMB 7120/ton to RMB 7170/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady 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 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 kept inert and were quoted in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, prices of FG PET Chips remained steady and were offered in the range of US$ 1170/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1200/ton to US$ 1230/ton. In the Chinese market, FG PET Chips prices kept unchanged and were offered in the range of RMB 9000/ton to RMB 9050/ton.
 
 


Must ReadView All

Israeli minister announces tax cuts on consumer goods

Apparel/Garments | On 14th Dec 2017

Israeli minister announces tax cuts on consumer goods

The Israeli Government will slash taxes by $227 million, finance...

Courtesy: Kelvin Techstyles

Apparel/Garments | On 14th Dec 2017

Kelvin Techstyles fuses style and function in city apparel

Fusing style and function in outdoor clothing, Roseville,...

India’s WPI inflation for textiles up 0.3% in Nov 2017

Textiles | On 14th Dec 2017

India’s WPI inflation for textiles up 0.3% in Nov 2017

India’s annual rate of inflation, based on monthly wholesale price...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Paolo Ocleppo
Sandvik Hyperion

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mohammad Hassan
Biax Fiberfilm

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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