Home / Knowledge / News / Textiles / PX, PTA & ethylene post strong gains
PX, PTA & ethylene post strong gains
11
Oct '10
Paraxylene price remained strong with a gain of US $55 / ton in the last three days. PX continued to remain firm in S E Asian market and stood in the range of $1110-1115 / ton. Downstream buyers still tried to pull down price in the range of $1100 / ton. In Taiwanese market, offer price surged up to $1120 / ton.

PTA price also opened with huge gain in tandem with upstream. In S E Asian market, price of PTA near about $1000 / ton, but was traded in the range of $985-990 / ton. In Indian market, offer price surged to $1000 / ton but trading concluded around $995 / ton, then highest in Asian markets.

In S E Asia, ethylene market recorded gain of $30 / ton. In the S E Asian market, ethylene offers mainly stood around $1060-1075 / ton. In Japanese market, ethylene was quoted in the range of $1070-1080 / ton.

MEG price increased in tandem with allied PET raw materials to $900 / ton in S E Asian market. Sellers continued to quote at level of $900 / ton but deals mainly concluded in the range of $885-890 / ton. In Chinese market MEG was in the range of RMB 7400-7600 / ton.

Trading price of PET chip in S E Asian market was in the range of $1200-1220 / ton. Offer price surged up to $1250 / ton, but no buyers responded at higher prices.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Siddharth Biyani
Mangalam Industries Pvt Ltd

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

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Marten Alkhagen
Swerea IVF AB

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

Johan Berlin
InvestKonsult Sweden AB

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

Larry L Kinn
Suominen Corporation

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner
Devereux

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search