Home / Knowledge / News / Textiles / PX prices turn weak, MEG remains steady
PX prices turn weak, MEG remains steady
16
Sep '10
Paraxylene declined due to weak upstream markets. In S E Asian market, PX price declined to US $980-985 / ton. Price of PX imported from Korea was quoted in the range of $965-970 / ton. Offers for October and November delivery stood at $967 / ton and $962 / ton, respectively.

However, offer price of PTA was galloping higher in S E Asian markets. Trading price was in the range of $900-905 / ton, whereas; offer price surged to $910-915 / ton. Speculators still adopted firm stance of wait and watch, due to uncertain market atmosphere.

Ethylene price went up due to firm downstream demand and was assessed in the range of $985-990 / ton. In European market, price of ethylene stood steady at around $1010-1020 / ton and in US market, price increased to 33.5 cents / pound.

MEG market was stable at level of $800 / ton in the S E Asian market. Counter offer for MEG was still around $795 / ton, but sellers were firm with offers above $805 / ton. Speculators preferred to stay away from any fresh buying.

Click here to view and review daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler
Groz-Beckert

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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