Home / Knowledge / News / Textiles / PX & PTA prices decline. Ethylene stable
PX & PTA prices decline. Ethylene stable
13
Jul '10
Asian Paraxylene declined due to overnight bearish trend in the upstream and was quoted at US $840 / ton in the S E Asian market, while in F E Asian market PX was steady in the range of $835-845 / ton.

In PTA market, buyers were not optimistic about future economic growth, remained cautious, while the feedstock went down, PTA spot prices too tumbled down, and offers were in the range of $845-850 / ton.

Ethylene price remained at standstill as Formosa fire cracker is expected to be shut down for atleast 2-3 months. In all Asian markets, supply was at a standstill, but weak downstream demand and wait and see attitude, arrested the price in the range of $800-805 / ton.

In MEG market general trading improved, in the range of $720-725 / ton. Trading price of bonded goods was in the range of $715-720 / ton.

Meanwhile, Chinese textile and garment exports have accelerated in the first five months of 2010. Apparel exports touched $53.23 billion, up 16% over the same period of 2009 and textile yarn, fabrics and products exports touched $35.65 billion, up 32.3%.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

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

Giorgio Mantovani
Corman S.p.A

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

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