Home / Knowledge / News / Textiles / Daily round-up of global polyester value-chain
Daily round-up of global polyester value-chain
19
May '10
PX in Asia was down by US $13 / ton to $980 - 975 / ton in Korean market; In European market price declined by $6 / ton to $1,013 – 1,017 / ton, while in US market it was around $960 – 965 / ton.

PTA sellers offered at $880 / ton but buyers were willing to transact at only $850 / ton and then closed in the range of $860 – 870 / ton. Korean goods in cash offer stood at around $850 / ton but buyers asked for delivery at $830 / ton.

Ethylene in Asia also fell down to $1,235 – 1,240 / ton in S E Asian market while in N E Asian market price was in the range of $1,270 – 1,275 / ton. Main reason of weak price was impact of continued weakness in oil prices.

In S E Asian market, MEG price was still in range of $755 – 750 / ton. Speculators still expect further price fall in the near future.

FG PET Chips:
Due to weakness in PTA and MEG, PET chip prices too slid down. PET chip declined by $7 / ton. Imported PET chip was offered around $1,240 / ton. In Chinese domestic market, price was in the range of RMB 9,650 – 9,800 / ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Larry L Kinn
Suominen Corporation

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

Giorgio Mantovani
Corman S.p.A

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Igor Chapurin
Chapurin

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

Rupa Sood and Sharan Apparao
Nayaab

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

Karan Arora
Karan Arora

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

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
March 2017

March 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