Home / Knowledge / News / Textiles / MEG prices dip in Southeast Asia; climb up in China
MEG prices dip in Southeast Asia; climb up in China
25
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$ 1255/ton to US$ 1260ton. In the F E Asian market, PX prices rose and were quoted at US$ 1235/ton. Prices of PX imported from the Taiwanese market shot up and were assessed in the range of US$ 1235/ton to US$ 1240/ton.
 
PTA prices remained stable in the Asian region. In the S E Asian market, PTA prices kept steady and were quoted in the range of US$ 910/ton to US$ 915/ton. In the F E Asian market, PTA prices remained unchanged and were offered at US$ 890/ton. Prices of PTA imported from the Taiwanese market increased and were quoted in the range of US$ 885/ton to US$ 890/ton. In the Chinese domestic market, PTA prices kept stable and were offered in the range of RMB 6545/ton to RMB 6595/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1510/ton to US$ 1515/ton. In the F E Asian region, Ethylene prices stayed steady and were quoted at US$ 1515/ton. In the US market, Ethylene prices inched down and were quoted in the range of 71.50 cents/pound to 72.00 cents/pound. Ethylene prices kept stable in the European international as well as in domestic markets and were quoted at US$ 1120/ton and € 910/ton, respectively.
 
MEG prices decreased in the Asian region. In the S E Asian region, MEG prices plunged and were quoted at US$ 895/ton. In the Chinese international market, MEG prices moved up and were offered in the range of US$ 890/ton to US$ 895/ton. In the Chinese domestic market, MEG prices climbed up and were assessed in the range of RMB 6465/ton to RMB 6515/ton.
 
In the S E Asian region, prices of BG PET Chips declined in the range of US$ 1230/ton to US$ 1270/ton, and some deals were concluded in the range of US$ 1240/ton to US$ 1280/ton. In the F E Asian market, selling offers declined and were offered in the range of US$ 1250/ton to US$ 1290/ton, while talked prices were quoted in the range of US$ 1260/ton to US$ 1300/ton. In the Chinese market, BG PET Chips’ prices fell and were assessed in the range of RMB 8575/ton to RMB 8625/ton.
 
In the Korean market, FG PET Chips’ prices plunged and were assessed in the range of US$ 1090/ton to US$ 1110/ton. In the Indian market, FOB based prices hovered in the range of US$ 1100/ton to US$ 1140/ton. In the Chinese market, FG PET Chips’ prices went down and were offered in the range of RMB 8265/ton to RMB 8315/ton.
 
PSF prices kept stable in the Asian region. In the F E Asian market, PSF prices kept unchanged at US$ 1320/ton. In the S E Asian market, PSF selling prices stayed steady at US$ 1220/ton. In the Chinese domestic market, PSF prices dropped and were quoted in the range of RMB 9000/ton to RMB 9025/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 9250/ton, RMB 11300/ton and RMB 9700/ton, respectively. In the export market, offers for POY, DTY and FDY kept stable at US$ 1265/ton, US$ 1555/ton and US$ 1320/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Courtesy: Teijin

Textiles | On 5th Dec 2016

Teijin merges two businesses into one division

Japanese manufacturer of speciality fibres Teijin Limited is merging...

Courtesy: ISEA

Textiles | On 5th Dec 2016

Participation up 25% at International Sourcing Expo

In comparison to last year, there was 25 per cent rise in the overall ...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Urs Stalder
Sanitized AG

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search