Home / Knowledge / News / Textiles / PX, PTA & ethylene prices on rebound
PX, PTA & ethylene prices on rebound
Aug '10
Asian Paraxylene prices, which stood at US $830 / ton in mid-July jumped to $900 / ton, by the end of that month. Today it took a big leap of $35 / ton and was assessed around $935 / ton in the S E Asian market. PX prices have begun to rebound and the industry chain is also expected to follow suit, in tandem with crude oil prices.

PTA offers in Asian PTA spot market price were strong. Mainstream offers increased by $10 / ton and offer price surged to in the range of $875-880 / ton. Transaction of Korean PTA goods was in between $855-860 / ton.

Ethylene price which has been affected by the upstream market, continued to increase. In Asia, PTA price opened with a gain of $20 / ton and was assessed in the range of $860-865 / ton but deals were
concluded in the range of $855-860 / ton. Market experts believe that, very soon PTA prices will touch levels of $900 / ton.

MEG market continued to bounce back as downstream buyers actively participated at prices above $770 / ton; counter bid was mainly in $760-765 / ton. Overall market continued to rise, while the allied PET raw material was strong too, which provided robust support.

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

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sachin Sharma
Gem Enviro Management Pvt Ltd

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

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Paolo Ocleppo
Sandvik Hyperion

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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


Letter To Editor

(Max. 8000 char.)

Search Companies


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

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