Home / Knowledge / News / Textiles / Paraxylene prices rise marginally in Asian markets
Paraxylene prices rise marginally in Asian markets
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

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Amit Jain
Shingora Textiles Ltd

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

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search