Home / Knowledge / News / Textiles / Ethylene prices rise in Southeast Asia; decline in US
Ethylene prices rise in Southeast Asia; decline in US
08
Sep '14
Paraxylene (PX) prices continued to show steady trend in Asian markets. In the S E Asian region, PX prices remained steady and were quoted in the range of US$ 1275/ton to US$ 1280/ton. In the F E Asian market, PX prices kept inert and were quoted at US$ 1255/ton. Prices of PX imported from the Taiwanese market kept steady and were offered in the range of US$ 1275/ton to US$ 1280/ton.
 
PTA prices went down in the Asian region. In the S E Asian market, PTA prices declined and were offered in the range of US$ 980/ton to US$ 985/ton. In the F E Asian market, PTA prices plunged and were assessed at US$ 960/ton. Prices of PTA imported from the Taiwanese market maintained steady trend and were assessed in the range of US$ 960/ton to US$ 965/ton. In the Chinese domestic market, PTA prices increased and were offered in the range of RMB 6880/ton to RMB 6930/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices increased and were offered in the range of US$ 1500/ton to US$ 1505/ton. In the F E Asian region, Ethylene prices remained steady and were assessed at US$ 1490/ton. In the US market, Ethylene prices declined and were quoted in the range of 68.00 cents/pound to 68.50 cents/pound. Ethylene prices stayed steady in the European international as well as in domestic markets and were assessed at US$ 1250/ton and € 975/ton, respectively.
 
MEG prices remained stable in the Asian region. In the S E Asian region, MEG prices kept unchanged and were offered at US$ 975/ton. In the Chinese international market, MEG prices inched down and were assessed in the range of US$ 965/ton to US$ 970/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 7090/ton to RMB 7150/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1320/ton to US$ 1360/ton, and some deals were concluded in the range of US$ 1330/ton to US$ 1370/ton. In the F E Asian market, selling offers remained steady in the range of US$ 1330/ton to US$ 1370/ton, while talked prices were quoted in the range of US$ 1340/ton to US$ 1380/ton. In the Chinese market, BG PET Chips prices were stable in the range of RMB 9125/ton to RMB 9175/ton.
 
In the Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1160/ton to US$ 1170/ton. In the Indian market, FOB based prices hovered in the range of US$ 1190/ton to US$ 1220/ton. In the Chinese market, FG PET Chips prices declined and were offered in the range of RMB 8850/ton to RMB 8900/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices kept inert at US$ 1405/ton. In the S E Asian market, PSF selling prices remained steady at US$ 1305/ton. In the Chinese domestic market, PSF prices remained stable and were offered in the range of RMB 9575/ton to RMB 9625/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 9750/ton, RMB 11450/ton and RMB 10450/ton, respectively. In the export market, offers for POY, DTY and FDY decreased to US$ 1340/ton, US$ 1575/ton and US$ 1430/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Kerem Durdag
Biovation II LLC

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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

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