Home / Knowledge / News / Textiles / Ethylene & MEG prices decline in Southeast Asian region
Ethylene & MEG prices decline in Southeast Asian region
20
Oct '14
Paraxylene (PX) prices showed mixed trend in Asian markets. In the S E Asian region, PX prices kept inert and were offered in the range of US$ 1045/ton to US$ 1050/ton. In the F E Asian market, PX prices went up and were quoted at US$ 1035/ton. Prices of PX imported from the Taiwanese market declined and were offered in the range of US$ 1045/ton to US$ 1050/ton.
 
PTA prices kept inert in the Asian region. In the S E Asian market, PTA prices kept stable and were quoted in the range of US$ 775/ton to US$ 780/ton. In the F E Asian market, PTA prices kept steady and were offered at US$ 755/ton. Prices of PTA imported from the Taiwanese market went down and were quoted in the range of US$ 750/ton to US$ 755/ton. In the Chinese domestic market, PTA prices went down and were offered in the range of RMB 5675/ton to RMB 5725/ton.
 
Ethylene prices declined in Asian markets. In the S E Asian market, Ethylene prices went down and were assessed in the range of US$ 1375ton to US$ 1380/ton. In the F E Asian region, Ethylene prices declined and were quoted at US$ 1395/ton. In the US market, Ethylene prices kept inert and were quoted in the range of 66.50 cents/pound to 67.00 cents/pound. Ethylene prices kept inert in the European international as well as in domestic markets and were quoted at US$ 1180/ton and € 1000/ton, respectively.
 
MEG prices plunged in Asian markets. In the S E Asian region, MEG prices went down and were quoted at US$ 810/ton. In the Chinese international market, MEG prices kept inert and were assessed in the range of US$ 805/ton to US$ 810/ton. In the Chinese domestic market, MEG prices went up in the range of RMB 5930/ton to RMB 5980/ton.
 
In the S E Asian region, prices of BG PET Chips kept stable in the range of US$ 1170/ton to US$ 1210/ton, and some deals were concluded in the range of US$ 1180/ton to US$ 1220/ton. In the F E Asian market, selling offers kept stable in the range of US$ 1190/ton to US$ 1230/ton, while talked prices were quoted in the range of US$ 1200/ton to US$ 1240/ton. In the Chinese market, BG PET Chips’ prices kept inert and were assessed in the range of RMB 7925/ton to RMB 7975/ton.
 
In the Korean market, prices of FG PET Chips kept stable and were assessed in the range of US$ 1030/ton to US$ 1070/ton. In the Indian market, FOB based prices were in the range of US$ 1040/ton to US$ 1080/ton. In the Chinese market, FG PET Chips’ prices kept inert and were offered in the range of RMB 7450/ton to RMB 7500/ton.
 
PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices kept steady at US$ 1215/ton. In the S E Asian market, PSF selling prices kept inert at US$ 1115/ton. In the Chinese domestic market, PSF prices kept unchanged and were quoted in the range of RMB 8300/ton to RMB 8325/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept stable at RMB 8550/ton, RMB 10650/ton and RMB 8750/ton, respectively. In the export market, offers for POY, DTY and FDY kept stable at US$ 1160/ton, US$ 1460/ton and US$ 1180/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...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Johan Berlin
InvestKonsult Sweden AB

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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