Home / Knowledge / News / Textiles / Daily round-up of global polyester value-chain
Daily round-up of global polyester value-chain
03
May '10
The PX is expected to maintain a short range of oscillation. PX prices for the goods from S Korean market was at US$ 1055/ton while the goods imported from S E Asian ports was in the range of US$ 1070/ton to US$ 1065/ton where deals were conclude around US$ 1060/ton mainly.

Asian PTA spot price declined slowly but it is expected to increase very soon as its fundamentals are strong. The PTA offers for the goods imported from the S E Asian port was in the range of US$ 970/ton to US$ 975/ton while goods from the Korean market discussed at the price US$ 970/ton.

Ethylene market opened with the firm sentiment price took spike hike of US$ 1275/ton. In N E Asian market the Ethylene price jumped above US$ 1300/ton, assessed in the range of US$ 1315/ton to US$ 1320/ton. In European market price was finished at US$ 1125/ton in last week.

MEG price turned stable with the help of spike hike in the upstream. Prices assessed at US$ 890/ton to US$ 885/ton, while counter offer went down below US$ 885/ton. In Chinese domestic market price was in the range of RMB 7450/ton to RMB 7500/ton while counter offer went down to around RMB 7450/ton.

FG PET Chip:
FG PET chip prices edged up in the last month and expected to increase by the end of the current week when Chinese market will reopen. Current price is still hovered in the range of US$ 1155/ton to US$ 1165/ton.

According to feedstock price calculation expert believe that price should be around US$ 1220/ton. Spot prices at the end of March was US$ 1115/ton, up until the end of April it was US$ 1160/ton; Spot prices in the Asian market was strong, while in the Chinese domestic market price was in the range of RMB 9750/ton to RMB 10150/ton.

Click here to view daily price trends.


Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Ashok Desai
Bombay Textile Research Association

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

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...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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