Home / Knowledge / News / Textiles / PX remains range bound, MEG declines
PX remains range bound, MEG declines
19
Nov '10
The demand for PX was still very strong which supported the high PX prices. PX price is expected to remain range bound in between US $1245-1250 / ton.

PTA market price stood in the range of RMB 9400-9500 / ton, while a few Asian PTA offers for small amount of goods in S E Asian market were quoted at $1165 / ton. However, the actual negotiations were between $1160-1165 / ton. PTA offers from Korean market were in the range of $1145-1155 / ton. The short term, market sentiment has not yet stabilized, the trend was not clear, and continues to oscillate.

Ethylene market was more or less stable. Price was unchanged in S E Asian market and was assessed in the range of $955-960 / ton. In US market, ethylene was priced around 52.25 cents/gallon while in European market it stood in range of $1130-1140 / ton. In S E Asian market, due to excessive supply, buyers held their purchasing offers and took stance of wait and watch.

Selling offers for MEG declined in Korean market and were quoted in the range of $1015-1020 / ton. In S E Asian market, selling offers were in the range of $1015-1020 / ton.

BGPET Chip in S E Asian market was assessed in the range of $1600-1610 / ton. In Korean market, offer was around $1600 / ton while trading concluded mainly around $1570-1580 / ton. In Chinese domestic market, offers stood in the range of RMB 13500-14100 / ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

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...

Ashok Desai
Bombay Textile Research Association

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do 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
February 2017

February 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