Home / Knowledge / News / Textiles / MEG & BG PET Chips prices fall in Chinese domestic market
MEG & BG PET Chips prices fall in Chinese domestic market
10
Sep '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1260/ton to US$ 1265ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1255/ton. Prices of PX imported from the Taiwanese market remained steady and were offered in the range of US$ 1275/ton to US$ 1280/ton.
 
PTA prices dipped in the Asian region. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 975/ton to US$ 980/ton. In the F E Asian market, PTA prices declined and were offered at US$ 955/ton. Prices of PTA imported from the Taiwanese market kept stable and were quoted in the range of US$ 955/ton to US$ 960/ton. In the Chinese domestic market, PTA prices fell and were assessed in the range of RMB 6825/ton to RMB 6875/ton.
 
Ethylene prices maintained steady trend in Asian markets. In the S E Asian market, Ethylene prices remained stable and were assessed in the range of US$ 1500/ton to US$ 1505/ton. In the F E Asian region, Ethylene prices kept unchanged and were quoted at US$ 1490/ton. In the US market, Ethylene prices kept inert and were quoted in the range of 68.00 cents/pound to 68.50 cents/pound. Ethylene prices remained stable in the European international as well as in domestic markets and were quoted at US$ 1185/ton and € 935/ton, respectively.
 
MEG prices dropped in the Asian region. In the S E Asian region, MEG prices declined and were quoted at US$ 965/ton. In the Chinese international market, MEG prices kept inert and were offered in the range of US$ 965/ton to US$ 970/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 7065/ton to RMB 7115/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 kept 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 decreased and were assessed in the range of RMB 9025/ton to RMB 9075/ton.
 
In the Korean market, prices of FG PET Chips kept stable 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 8825/ton to RMB 8875/ton.
 
PSF prices decreased in the Asian region. In the F E Asian market, PSF prices declined to US$ 1385/ton. In the S E Asian market, PSF selling prices plunged to US$ 1285/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 9450/ton to RMB 9500/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY went down to RMB 9700/ton and RMB 10350/ton, respectively, while DTY prices kept stable at RMB 11450/ton. In the export market, offers for POY and FDY decreased to US$ 1335/ton and US$ 1420/ton, respectively, whereas DTY prices increased to US$ 1580/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Paolo Ocleppo
Sandvik Hyperion

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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