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 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Ashok Desai
Bombay Textile Research Association

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

Giorgio Mantovani
Corman S.p.A

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

Kerem Durdag
Biovation II LLC

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

Rupa Sood and Sharan Apparao
Nayaab

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

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

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:
May 2017

May 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