Home / Knowledge / News / Textiles / PX, PTA & MEG prices decline in Southeast Asia
PX, PTA & MEG prices decline in Southeast Asia
12
Nov '14
Paraxylene (PX) prices went down in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1020/ton to US$ 1025/ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1005/ton. Prices of PX imported from the Taiwanese market went up and were offered in the range of US$ 1035/ton to US$ 1040/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices inched down and were quoted in the range of US$ 785/ton to US$ 790/ton. In the F E Asian market, PTA prices dropped and were offered at US$ 765/ton. Prices of PTA imported from the Taiwanese market increased and were assessed in the range of US$ 765/ton to US$ 770/ton. In the Chinese domestic market, PTA prices fell and were offered in the range of RMB 5385/ton to RMB 5435/ton.
 
Ethylene prices kept stable in Asian markets. In the S E Asian market, Ethylene prices kept stable and were assessed in the range of US$ 1255/ton to US$ 1260/ton. In the F E Asian region, Ethylene prices remained unchanged and were quoted at US$ 1220/ton. In the US market, Ethylene prices moved up and were quoted in the range of 51.00 cents/pound to 51.50 cents/pound. Ethylene prices kept inert in the European international as well as in domestic markets and were quoted at US$ 1190/ton and € 950/ton, respectively.
 
MEG prices plunged in Asian markets. In the S E Asian region, MEG prices dipped and were quoted at US$ 850/ton. In the Chinese international market, MEG prices inched up and were assessed in the range of US$ 850/ton to US$ 855/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 6285/ton to RMB 6335/ton.
 
In the S E Asian region, prices of BG PET Chips kept stable in the range of US$ 1145/ton to US$ 1185/ton, and some deals were concluded in the range of US$ 1155/ton to US$ 1195/ton. In the F E Asian market, selling offers kept stable in the range of US$ 1165/ton to US$ 1205/ton, while talked prices were quoted in the range of US$ 1175/ton to US$ 1215/ton. In the Chinese market, BG PET Chips’ prices kept inert and were assessed in the range of RMB 7950/ton to RMB 8000/ton.
 
In the Korean market, prices of FG PET Chips kept stable and were assessed in the range of US$ 1015/ton to US$ 1055/ton. In the Indian market, FOB based prices hovered in the range of US$ 1025/ton to US$ 1065/ton. In the Chinese market, FG PET Chips’ prices increased and were offered in the range of RMB 7250/ton to RMB 7300/ton.
 
PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices kept stable at US$ 1180/ton. In the S E Asian market, PSF selling prices remained unchanged at US$ 1080/ton. In the Chinese domestic market, PSF prices kept steady and were quoted in the range of RMB 8075/ton to RMB 8100/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 8600/ton, RMB 10550/ton and RMB 8600/ton, respectively. In the export market, offers for POY, DTY and FDY kept inert at US$ 1170/ton, US$ 1445/ton and US$ 1155/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 24th Jun 2017

JD enters into strategic partnership with Farfetch

E-commerce giant, JD, China's largest retailer, and Farfetch, the...

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Amit Jain
Shingora Textiles Ltd

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Tony Ward
Tony Ward

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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:
June 2017

June 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