Home / Knowledge / News / Textiles / PX & ethylene gallop higher
PX & ethylene gallop higher
Aug '10
Paraxylene opened with a price hike of US $10 / ton and was quoted at $950 / ton in S E Asian market, but could not realize beyond $940 / ton. In Korean market, closing prices increased to $935 / ton, while in Taiwanese market, price was around $942 / ton.

PTA produced in Taiwan was offered at $900 / ton, the buying inquiries were in the range of $880-885 / ton. Offers for the PTA in S E Asian market was at $880 / ton but traded around $870-875 / ton. By the end of the day, sentiment had improved and buyers accepted offers around $880 / ton, but no official confirmation was available.

Ethylene galloped higher and opened with gain of $10 / ton. In Asian market, ethylene price surged to $920 / ton while in the European market, price was in the range of $1015-1025 / ton. In N E Asia market, price stood at around $970-975 / ton.

MEG sellers continued to face struggle at $800 / ton level. Today MEG market went through volatile sessions. Offer price was around $800 / ton but trading could be concluded in the range of $790-795 / ton. Buying inquiries were fulfilled around $785 / ton only.

FG PET Chips were offered in the range of $1180-1200 / ton but deals were concluded in the range of $1170-1180 / ton, which is expected to grow as demand from Latin America was growing.

Click here to view and compare daily price trends.

Please note we are closed tomorrow.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 24th Mar 2017

UK online retail sales up 15% in February 2017

Online retail sales in UK have grown by 15 per cent year-on-year in...

Courtesy: Messe Frankfurt

Textiles | On 24th Mar 2017

Over 3341 exhibitors participate in Intertextile Shanghai

More than 3,341 exhibitors from 26 countries and regions participated ...

Apparel/Garments | On 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

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...

Sonam & Paras Modi

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

Karan Arora
Karan Arora

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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


news category

Related Categories:
March 2017

March 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search