Home / Knowledge / News / Textiles / Paraxylene prices rise marginally in Asian markets
Paraxylene prices rise marginally in Asian markets
24
Aug '09
Zhengzhou, China PTA futures contracts traded in narrow range on August 21. Main contract 910 opened lower at 7,748 Yuan per ton, hit a high of 7,854 Yuan per ton, low of 7,702 Yuan per ton, to finally close at 7,750 Yuan per ton, a drop of 0.64 percent, from the previous day.

In the Asian petrochemical market, prices of Paraxylene rose marginally by US $1.25 to touch $1,082.25-1,083.25 per ton, FOB Korea. The European market closed at $978.25-982.25 per ton, FOB Rotterdam.

PTA spot market conditions were stable amid a slightly softening trend, market sentiment in the domestic raw materials in East China was cautious. Seller's offers were at 7,950 Yuan per ton, while downstream plants were more cautious and adopted a wait and watch attitude and main market prices focused at about 7,900 Yuan per ton.

Enquires from overseas markets showed a slight softening and offers for general cargoes were at $945 per ton, but buyers set an intention at US $940 per ton.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Priyanka
Studio Priyanka Rajiv

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

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kerem Durdag
Biovation II LLC

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward
Tony Ward

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search