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 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Courtesy: Messe Frankfurt

Textiles | On 27th Jul 2017

Intertextile Shanghai to see buyers from 100 countries

Suppliers from over 25 countries and trade buyers from around 100...

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Giorgio Mantovani
Corman S.p.A

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

Larry L Kinn
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts 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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X