Home / Knowledge / News / Textiles / MEG & BG PET Chips prices drop in Chinese domestic market
MEG & BG PET Chips prices drop in Chinese domestic market
19
Sep '14
Paraxylene (PX) prices kept inert in Asian markets. In the S E Asian region, PX prices kept stable and were offered in the range of US$ 1240/ton to US$ 1245ton. In the F E Asian market, PX prices remained steady and were quoted at US$ 1225/ton. Prices of PX imported from the Taiwanese market went up and were offered in the range of US$ 1240/ton to US$ 1245/ton.
 
PTA prices went down in the Asian region. In the S E Asian market, PTA prices declined and were quoted in the range of US$ 935/ton to US$ 940/ton. In the F E Asian market, PTA prices plunged and were offered at US$ 915/ton. Prices of PTA imported from the Taiwanese market kept stable and were quoted in the range of US$ 920/ton to US$ 925/ton. In the Chinese domestic market, PTA prices plunged and were assessed in the range of RMB 6595/ton to RMB 6645/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices inched up and were assessed in the range of US$ 1500/ton to US$ 1510/ton. In the F E Asian region, Ethylene prices stayed stable and were quoted at US$ 1500/ton. In the US market, Ethylene prices increased and were quoted in the range of 74.50 cents/pound to 75.00 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 plunged in the Asian region. In the S E Asian region, MEG prices declined and were quoted at US$ 930/ton. In the Chinese international market, MEG prices stayed stable and were offered in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, MEG prices dropped and were assessed in the range of RMB 6690/ton to RMB 67400/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert 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 remained steady 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 declined and were assessed in the range of RMB 8725/ton to RMB 8775/ton.
 
In the Korean market, FG PET Chips prices kept stable and were assessed in the range of US$ 1110/ton to US$ 1120/ton. In the Indian market, FOB based prices were in the range of US$ 1130/ton to US$ 1160/ton. In the Chinese market, FG PET Chips prices declined and were offered in the range of RMB 8425/ton to RMB 8475/ton.
 
PSF prices plunged in the Asian region. In the F E Asian market, PSF prices decreased to US$ 1345/ton. In the S E Asian market, PSF selling prices fell to US$ 1245/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 9200/ton to RMB 9225/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY dipped to RMB 9450/ton and RMB 9975/ton, respectively, while DTY prices kept inert at RMB 11350/ton. In the export market, offers for POY and FDY declined to US$ 1295/ton and US$ 1360/ton, respectively, whereas DTY prices kept stable at US$ 1560/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Nitesh Mittal

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

C Dhandayuthapani

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

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Giorgio Mantovani
Corman S.p.A

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

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

Prathyusha Garimella
Prathyusha Garimella

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

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search