Home / Knowledge / News / Textiles / PTA prices decline, ethylene stays unchanged
PTA prices decline, ethylene stays unchanged
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: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Krishnanand Tripathi
Textrade International Ltd

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

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Larry L Kinn
Suominen Corporation

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mark Paterson
Technical Absorbents Ltd

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

Bani Batra

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

Sonam & Paras Modi

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

February 2017

February 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