Home / Knowledge / News / Textiles / Southeast Asian PX, MEG & PSF markets show downtrend
Southeast Asian PX, MEG & PSF markets show downtrend
30
Sep '14
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices plunged and were offered in the range of US$ 1245/ton to US$ 1250/ton. In the F E Asian market, PX prices declined and were quoted at US$ 1230/ton. Prices of PX imported from the Taiwanese market kept inert and were offered in the range of US$ 1260/ton to US$ 1265/ton.
 
PTA prices kept stable in the Asian region. In the S E Asian market, PTA prices kept steady and were quoted in the range of US$ 915/ton to US$ 920/ton. In the F E Asian market, PTA prices remained stable and were offered at US$ 895/ton. Prices of PTA imported from the Taiwanese market stayed steady and were quoted in the range of US$ 890/ton to US$ 895/ton. In the Chinese domestic market, PTA prices inched down and were offered in the range of RMB 6495/ton to RMB 6545/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices kept stable and were assessed in the range of US$ 1510/ton to US$ 1515/ton. In the F E Asian region, Ethylene prices kept steady and were quoted at US$ 1515/ton. In the US market, Ethylene prices remained unchanged in the range of 70.50 cents/pound to 71.00 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 dropped in the Asian region. In the S E Asian region, MEG prices declined and were quoted at US$ 900/ton. In the Chinese international market, MEG prices kept stable and were offered in the range of US$ 895/ton to US$ 900/ton. In the Chinese domestic market, MEG prices moved down and were assessed in the range of RMB 6480/ton to RMB 6530/ton.
 
In the S E Asian region, prices of BG PET Chips kept stable 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 remained steady 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 kept stable and were assessed in the range of RMB 8575/ton to RMB 8625/ton.
 
In the Korean market, prices of FG PET Chips kept inert and were assessed in the range of US$ 1090/ton to US$ 1110/ton. In the Indian market, FOB based prices were in the range of US$ 1100/ton to US$ 1140/ton. In the Chinese market, FG PET Chips’ prices showed down trend and were offered in the range of RMB 8250/ton to RMB 8300/ton.
 
PSF prices plunged in the Asian region. In the F E Asian market, PSF prices declined to US$ 1305/ton. In the S E Asian market, PSF selling prices fell to US$ 1205/ton. In the Chinese domestic market, PSF prices decreased and were quoted in the range of RMB 8950/ton to RMB 8975/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 9200/ton, RMB 11250/ton and RMB 9550/ton, respectively. In the export market, offers for POY, DTY and FDY declined to US$ 1255/ton, US$ 1545/ton and US$ 1295/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Urs Stalder
Sanitized AG

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

Marcel Alberts
Eurofibers

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

Paolo Ocleppo
Sandvik Hyperion

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

Ritu Kumar
Label Ritu Kumar

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

Robert Brunner
Devereux

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

August 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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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