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

Surat textile traders urge PM to analyse impact of GST

Textiles | On 28th May 2018

Surat textile traders urge PM to analyse impact of GST

Textile traders from the man-made fabric hub of Surat have urged...

Karnataka garment workers seek minimum wage hike

Apparel/Garments | On 28th May 2018

Karnataka garment workers seek minimum wage hike

Garment workers in Karnataka are demanding that the newly formed HD...

Amazon debuts on Fortune 500 top 10 list

Apparel/Garments | On 28th May 2018

Amazon debuts on Fortune 500 top 10 list

American e-marketplace Amazon has cracked Fortune 500’s top 10 list...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Vikas Banduke

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

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Sanjukta Dutta
Sanjukta's Studio

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

Mike Hoffman
Gildan Activewear SRL

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search