Home / Knowledge / News / Textiles / Ethylene trends rise, MEG continues fall
Ethylene trends rise, MEG continues fall
30
Nov '10
PX was mainly stable, after a sharp hike of US $50 / ton in S E Asian market and stood in the range of $1300-1305 / ton. In Korean market, offer price was in range of $1275-1280 / ton. PX market is expected to decline in near future due to poor downstream support.

PTA opened with sluggish sentiment, in S E Asian market and offers were quoted at $1145-1147 / ton. PTA offers from Korean market was assessed around $1135 / ton. In Chinese domestic market, offers were around RMB 9250-9400 / ton, but market experts foresee, price to touch RMB 9000 / ton in near future.

Ethylene price increased slowly, in S E Asian market and stood in the range of $1045-1055 / ton. In US market, ethylene price increased to 50.25 cents/gallon. In European market, price increased to around $1100 / ton and in European domestic market price was around €930 / ton.

MEG offers continued to decline in the S E Asian market. MEG selling offers were in the range of $985-990 / ton. In Chinese market, MEG offers were quoted around $985 / ton and in domestic market, offer price stood around RMB 7850/ton.

Offers for BGPET Chip in S E Asian market declined to in the range of $1500-1520 / ton. In export market, counteroffers were still around $1490 / ton. In Chinese domestic market, offers further fell to RMB 11700 / ton.

FGPET Chip was available in the range of $1600-1615 / ton, in S E Asian market.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Siddharth Biyani
Mangalam Industries Pvt Ltd

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

Sanjay Yagnik
Maa Tex Speciality

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

Mohammad Hassan
Biax Fiberfilm

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

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

Judy Frater
Somaiya Kala Vidya

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

Bani Batra

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

Igor Chapurin
Chapurin

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

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