Home / Knowledge / News / Textiles / PTA & MEG prices jump, PX stays stable
PTA & MEG prices jump, PX stays stable
Sep '10
Paraxylene was stable in S E Asian market and was priced in the range of US $980-985 / ton whereas; in Korean market, PX prices increased to $967 / ton. For October and November delivery price was at $980 / ton and $975 / ton, respectively.

After consolidation PTA price jumped higher in S E Asian market and was assessed in the range of $910-915 / ton. For cargoes imported from Taiwanese ports, were traded above $907 / ton. Korean PTA price crossed the level of $900 / ton and was offered in the range of $905-910 / ton. In Chinese market also, price surged to RMB 7500 / ton.

Asian ethylene market remained unchanged and was quoted around $940-945 / ton. In the European market, ethylene price fell by $25 / ton, to close at between $1020-1025 / ton and similarly in US market, price reduced by 2 cents / pound and stood at 35.5 cents/pound.

MEG offers jumped to $820-825 / ton. Sellers quoted price in the range of $815-820 / ton in the S E Asian market. Buyers remained active in trading around $810 / ton. In Chinese MEG market, price increased to around RMB 6550 / ton. Speculators expected small price rally in MEG market.

FG PET Chip went up slowly, in S E Asian market to approximately $1140-1150 / ton. While in N E Asian market it stood in the range of $1120-1130 / ton. BG PET chip was available in the range of $1200-1220 / ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Giorgio Mantovani
Corman S.p.A

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

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

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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


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