Home / Knowledge / News / Textiles / MEG prices drop; ethylene up in Southeast Asian market
MEG prices drop; ethylene up in Southeast Asian market
22
Sep '14
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1235/ton to US$ 1240ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1220/ton. Prices of PX imported from the Taiwanese market kept inert and were offered in the range of US$ 1240/ton to US$ 1245/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices inched down and were quoted in the range of US$ 920/ton to US$ 925/ton. In the F E Asian market, PTA prices plunged and were offered at US$ 900/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 declined and were offered in the range of RMB 6545/ton to RMB 6595/ton.
 
Ethylene prices increased in Asian markets. In the S E Asian market, Ethylene prices increased and were assessed in the range of US$ 1510/ton to US$ 1515/ton. In the F E Asian region, Ethylene prices increased and were quoted at US$ 1515/ton. In the US market, Ethylene prices moved up and were quoted in the range of 75.50 cents/pound to 76.00 cents/pound. Ethylene prices inched up in the European international market to US$ 1120/ton, and kept steady in domestic markets at € 910/ton.
 
MEG prices plunged in the Asian region. In the S E Asian region, MEG prices decreased and were quoted at US$ 910/ton. In the Chinese international market, MEG prices dropped and were offered in the range of US$ 920/ton to US$ 925/ton. In the Chinese domestic market, MEG prices declined in the range of RMB 6480/ton to RMB 6530/ton.
 
In the S E Asian region, prices of BG PET Chips remained stable 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 kept 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 decreased and were assessed in the range of RMB 8700/ton to RMB 8750/ton.
 
In the Korean market, prices of FG PET Chips kept unchanged 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 decreased and were offered in the range of RMB 8350/ton to RMB 8400/ton.
 
PSF prices declined in the Asian region. In the F E Asian market, PSF prices fell to US$ 1325/ton. In the S E Asian market, PSF selling prices decreased to US$ 1225/ton. In the Chinese domestic market, PSF prices dropped and were quoted in the range of RMB 9050/ton to RMB 9075/ton.
 
In the Chinese domestic market, prices of Polyester POY,DTY and FDY went down to RMB 9350/ton, RMB 11300/ton and RMB 9900/ton, respectively. In the export market, offers for POY, DTY and FDY declined to US$ 1280/ton, US$ 1554/ton and US$ 1350/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: BekaertDeslee

Textiles | On 23rd Oct 2017

BekaertDeslee to expand North American facility

BekaertDeslee, one of the largest manufacturer of mattress textiles...

Courtesy: A&E

Textiles | On 23rd Oct 2017

A&E unveils Magic using Repreve sewing thread

American & Efird (A&E), a leading developer of industrial and...

Courtesy: Messe Frankfurt

Textiles | On 23rd Oct 2017

Over 4,000 exhibitors attend Intertextile Shanghai 2017

Another successful Intertextile Shanghai Apparel Fabrics has wrapped...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Rikesh Mistry

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

Suresh P Bagrecha

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silvia Venturini Fendi
Fendi s.r.l

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

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

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

October 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
76.1%
No
12.7%
Skip
11.3%

Total Votes: 71

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
28.2%
Skip
9.9%

Total Votes: 71

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
85.9%
No
9.9%
Skip
4.2%

Total Votes: 71

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
76.1%
No
11.3%
Skip
12.7%

Total Votes: 71


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