Home / Knowledge / News / Textiles / Ethylene prices dip; MEG up in Southeast Asian region
Ethylene prices dip; MEG up in Southeast Asian region
07
Oct '14
Paraxylene (PX) prices kept stable in Asian markets. In the S E Asian region, PX prices kept steady and were offered in the range of US$ 1190/ton to US$ 1195/ton. In the F E Asian market, PX prices remained unchanged and were quoted at US$ 1175/ton. Prices of PX imported from the Taiwanese market kept inert and were offered in the range of US$ 1205/ton to US$ 1210/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept stable and were quoted in the range of US$ 910/ton to US$ 915/ton. In the F E Asian market, PTA prices kept steady and were offered at US$ 890/ton. Prices of PTA imported from the Taiwanese market went down and were quoted in the range of US$ 885/ton to US$ 890/ton. In the Chinese domestic market, PTA price stayed stable and were assessed in the range of RMB 6495/ton to RMB 6545/ton.
 
Ethylene prices declined in Asian markets. In the S E Asian market, Ethylene prices inched down and were assessed in the range of US$ 1500ton to US$ 1505/ton. In the F E Asian region, Ethylene prices plunged and were quoted at US$ 1490/ton. In the US market, Ethylene prices decreased and were quoted in the range of 66.00 cents/pound to 66.50 cents/pound. Ethylene prices kept inert in the European international as well as in domestic markets and were quoted at US$ 1120/ton and € 910/ton, respectively.
 
MEG prices moved up in the Asian region. In the S E Asian region, MEG prices increased and were quoted at US$ 900/ton. In the Chinese international market, MEG prices kept unaltered and were offered in the range of US$ 890/ton to US$ 895/ton. In the Chinese domestic market, MEG prices remained stable 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 kept stable 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, FG PET Chips’ prices 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 kept stable and were offered in the range of RMB 8250/ton to RMB 8300/ton.
 
PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices kept steady at US$ 1310/ton. In the S E Asian market, PSF selling prices kept steady at US$ 1210/ton. In the Chinese domestic market, PSF prices kept inert 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 stable at RMB 9200/ton, RMB 11250/ton and RMB 9550/ton, respectively. In the export market, offers for POY kept inert at US$ 1260/ton, while DTY and FDY prices went up to US$ 1550/ton and US$ 1300/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Ashok Desai
Bombay Textile Research Association

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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