Home / Knowledge / News / Textiles / PTA, MEG & PSF prices drop in Southeast Asian region
PTA, MEG & PSF prices drop in Southeast Asian region
18
Sep '14
Paraxylene (PX) prices went up in Asian markets. In the S E Asian region, PX prices increased and were offered in the range of US$ 1240/ton to US$ 1245ton. In the F E Asian market, PX prices inched up and were quoted at US$ 1225/ton. Prices of PX imported from the Taiwanese market decreased and were offered in the range of US$ 1235/ton to US$ 1240/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices moved down and were quoted in the range of US$ 940/ton to US$ 945/ton. In the F E Asian market, PTA prices plunged and were offered at US$ 920/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted in the range of US$ 920/ton to US$ 925/ton. In the Chinese domestic market, PTA prices declined and were offered in the range of RMB 6610/ton to RMB 6660/ton.
 
Ethylene prices kept stable in Asian markets. In the S E Asian market, Ethylene prices stayed stable and were assessed in the range of US$ 1495/ton to US$ 1500/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1500/ton. In the US market, Ethylene prices moved up and were quoted in the range of 72.50 cents/pound to 73.00 cents/pound. Ethylene prices kept unchanged in the European international as well as in domestic markets and were quoted at US$ 1150/ton and € 910/ton, respectively.
 
MEG prices dropped in the Asian region. In the S E Asian region, MEG prices plunged and were quoted at US$ 945/ton. In the Chinese international market, MEG prices rose and were offered in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 6820/ton to RMB 6870/ton.
 
In the S E Asian region, BG PET Chips prices declined in the range of US$ 1265/ton to US$ 1305/ton, and some deals were concluded in the range of US$ 1275/ton to US$ 1315/ton. In the F E Asian market, selling offers decreased and were assessed in the range of US$ 1285/ton to US$ 1325/ton, while talked prices were quoted in the range of US$ 1295/ton to US$ 1335/ton. In the Chinese market, BG PET Chips prices plunged and were assessed in the range of RMB 8750/ton to RMB 8800/ton.
 
In the Korean market, FG PET Chips prices plunged and were assessed in the range of US$ 1110/ton to US$ 1120/ton. In the Indian market, FOB based prices hovered in the range of US$ 1130/ton to US$ 1160/ton. In the Chinese market, FG PET Chips prices decreased and were offered in the range of RMB 8475/ton to RMB 8525/ton.
 
PSF prices dropped in the Asian region. In the F E Asian market, PSF prices plunged to US$ 1350/ton. In the S E Asian market, PSF selling prices decreased to US$ 1250/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 9225/ton to RMB 9250/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY dropped to RMB 9500/ton, RMB 11350/ton and RMB 10000/ton, respectively. In the export market, offers for POY, DTY and FDY declined to US$ 1305/ton, US$ 1560/ton and US$ 1365/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Silke Brand-Kirsch
Schlegel und Partner

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

Kerem Durdag
Biovation II LLC

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

Paolo Ocleppo
Sandvik Hyperion

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

Mike Hoffman
Gildan Activewear SRL

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

Karan Arora
Karan Arora

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X