Home / Knowledge / News / Textiles / PTA prices decline, ethylene stays unchanged
PTA prices decline, ethylene stays unchanged
29
Sep '10
Paraxylene maintained it trading price level around US $1050 / ton in S E Asian market and was offered in the range of $1050-1055 / ton. Optimistic sellers kept their price around $1060 / ton but no deal was concluded at this level. In Korean market, PX was quoted in the range of $1040-1045 / ton.

In S E Asia, PTA price declined marginally to $940 / ton. In Indian market, price of PTA was assessed above $935-940 / ton. In Chinese and Taiwanese market, PTA was stable in the range of $945-935 / ton.

Ethylene price remained unchanged in the range of $1035-1037 / ton in S E Asian market. Similarly in the US price was stable at 34.25 cents / pound. In European market, ethylene hovered in the range of $1040-1045 / ton.

MEG went up with firm support of downstream market; selling offer was drastically high in the range of $850-855 / ton. Surprisingly buyers still participated in the range of $847-852 / ton.

In a recent survey on US consumers …
• 92 percent said USA is still in recession.
• 57 percent were fearful about running out of money in the next year.
• 72 percent said Europe's financial problems likely to hurt U.S.A.
• 65 percent fear a 'double dip' recession.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search