Home / Knowledge / News / Textiles / PX prices bounce back. MEG market remains firm
PX prices bounce back. MEG market remains firm
28
Jun '10
Paraxylene prices bounced back and were assessed in between US $900-905/ton. Buyers remained firmly quoted their price around $895/ton. Speculators expected that PX oversupply problem will be resolved shortly.

PTA prices opened with positive sentiment. Current offer price was in the range of $860-855/ton. Buyers continued to pull down price towards $850/ton, while sellers pushed the price around to $860/ton.

Ethylene prices maintained a firm price range in between $870-875/ton in the S E Asian market. Selling intention was reported at $865-875/ton in S E Asian markets which was higher by $5/ton compared to last closing price.

MEG price in S E Asian market remained firm in the range of $715-720/ton. Downstream buyers continued to ask for lower price as their inventories were full and buying volume decreased. Trading price hovered around $717/ton.

In FG PET Chip, lower demand subdued the prices to around between $1110-1120/ton, while buyers asked for prices in the range of $1085-1095/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

C Kamatchisundaram
Voltas

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

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Urmil Arya

Sushila International, a well established textile organisation established ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mark Paterson
Technical Absorbents Ltd

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Igor Chapurin
Chapurin

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search