Home / Knowledge / News / Textiles / PTA, MEG & PSF prices decline in Chinese domestic market
PTA, MEG & PSF prices decline in Chinese domestic market
10
Oct '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices inched down and were offered in the range of US$ 1150/ton to US$ 1155/ton. In the F E Asian market, PX prices decreased and were quoted at US$ 1135/ton. Prices of PX imported from the Taiwanese market plunged and were offered in the range of US$ 1165/ton to US$ 1170/ton.
 
PTA prices decreased in the Asian region. In the S E Asian market, PTA prices dropped and were quoted in the range of US$ 865/ton to US$ 870/ton. In the F E Asian market, PTA prices fell and were offered at US$ 845/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted in the range of US$ 885/ton to US$ 890/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 6070/ton to RMB 6120/ton.
 
Ethylene prices kept unchanged in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1500ton to US$ 1505/ton. In the F E Asian region, Ethylene prices stayed steady and were quoted at US$ 1490/ton. In the US market, Ethylene prices increased and were quoted in the range of 69.50 cents/pound to 70.00 cents/pound. Ethylene prices stayed inert in the European international market at US$ 1175/ton, while they increased in the domestic market to € 985/ton.
 
MEG prices remained stable in Asian markets. In the S E Asian region, MEG prices were unchanged and were quoted at US$ 855/ton. In the Chinese international market, MEG prices kept unaltered and were assessed in the range of US$ 845/ton to US$ 850/ton. In the Chinese domestic market, MEG prices fell down in the range of RMB 5985/ton to RMB 6035/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1220/ton to US$ 1260/ton, and some deals were concluded in the range of US$ 1230/ton to US$ 1270/ton. In the F E Asian market, selling offers kept unchanged in the range of US$ 1240/ton to US$ 1280/ton, while talked prices were quoted in the range of US$ 1250/ton to US$ 1290/ton. In the Chinese market, BG PET Chips’ prices decreased and were assessed in the range of RMB 8350/ton to RMB 8400/ton.
 
In the Korean market, prices of FG PET Chips remained stable and were assessed in the range of US$ 1080/ton to US$ 1100/ton. In the Indian market, FOB based prices hovered in the range of US$ 1090/ton to US$ 1130/ton. In the Chinese market, FG PET Chips’ prices decreased and were offered in the range of RMB 7925/ton to RMB 7975/ton.
 
PSF prices inched down in the Asian region. In the F E Asian market, PSF prices declined to US$ 1265/ton. In the S E Asian market, PSF selling prices plunged to US$ 1165/ton. In the Chinese domestic market, PSF prices decreased and were quoted in the range of RMB 8650/ton to RMB 8675/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY plunged to RMB 8900/ton, RMB 11000/ton and RMB 9150/ton, respectively. In the export market, offers for POY, DTY and FDY plunged to US$ 1215/ton, US$ 1510/ton and US$ 1240/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Anvita Mehra
Confidential Couture

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

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

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

Urs Stalder
Sanitized AG

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

Robert Brunner
Devereux

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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