Home / Knowledge / News / Textiles / Ethylene prices dip; PX & MEG up in Southeast Asia
Ethylene prices dip; PX & MEG up in Southeast Asia
04
Dec '14
Paraxylene (PX) prices increased in Asian markets. PX prices surged in SE Asia, where they ranged between US$ 945 and 950 per ton. In the FE Asian market, PX prices went up to US$ 930 per ton. Prices of PX imported from the Taiwanese market declined to a range of US$ 935 to 940 per ton.
 
PTA prices remained steady in Asia. SE Asian market witnessed steady trend in PTA prices, which ranged between US$ 750 and 755 per ton. In the FE Asian market, PTA prices were stable at US$ 730 per ton. Prices of PTA imported from the Taiwanese market plunged to a range of US$ 715 to 720 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 5495 to 5545 per ton.
 
Ethylene prices showed varied trend in Asian markets. In the SE Asian market, Ethylene prices declined ranging between US$ 1135 and 1140 per ton. In the FE Asian market, Ethylene prices were steady at US$ 1075 per ton. In the US market, Ethylene prices were stable ranging between 47.50 and 50.00 cents per pound. Ethylene prices maintained steady trend in the European international as well as in domestic markets at US$ 1115 per ton and € 920 per ton, respectively.
 
MEG prices surged in Asia. In SE Asia, MEG prices went up to US$ 860 per ton. In the Chinese international market, MEG prices went down ranging between US$ 795 to 800 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 6430 to 6480 per ton.
 
In SE Asia, prices of BG PET Chips kept steady ranging between US$ 1130 and 1170 per ton, and some deals were concluded in the range of US$ 1140 to 1180 per ton. In the FE Asian market, selling offers remained steady in the range of US$ 1150 to 1190 per ton, while talked prices hovered in the range of US$ 1160 to 1200 per ton. In the Chinese market, BG PET Chips’ prices stayed stable ranging between RMB 7950 to 8000 per ton.
 
In the Korean market, prices of FG PET Chips were steady in the range between US$ 1010 to 1050 per ton. In the Indian market, FOB based prices hovered in the range of US$ 1020 to 1060 per ton. In the Chinese market, FG PET Chips’ prices maintained steady trend and they ranged between RMB 7450 to 7500 per ton.
 
PSF prices were steady in Asia. In the FE Asian market, PSF prices remained steady at US$ 1210 per ton. In the SE Asian market, PSF selling prices were stable at US$ 1110 per ton. In the Chinese domestic market, PSF prices were steady ranging between RMB 8150 and 8200 per ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY were steady at RMB 8800 per ton, RMB 10650 per ton and RMB 8700 per ton, respectively. In the export market, offers for POY, DTY and FDY were stable at US$ 1195 per ton, US$ 1455 per ton and US$ 1165 per ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Amit Jain
Shingora Textiles Ltd

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

Priyanka
Studio Priyanka Rajiv

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

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kerem Durdag
Biovation II LLC

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

Ashok Desai
Bombay Textile Research Association

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

Silke Brand-Kirsch
Schlegel und Partner

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

Karan Arora
Karan Arora

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

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

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:
April 2017

April 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