Home / Knowledge / News / Textiles / Ethylene moves up, MEG turns southwards
Ethylene moves up, MEG turns southwards
06
Dec '10
Paraxylene market stood in the range of US $1285-1290 / ton. Prices in Korean market were stable and offered around $1280-1285 / ton. Due to moderate market, PX price fundamentals remained more or less stable.

PTA prices remain unchanged in Asian market due to weak downstream demand. PTA price was quoted in the range of $1160-1165 / ton. In Chinese domestic market, PTA offers remained firm in the range of RMB 9550-9650 / ton.

Ethylene price increased in S E Asian and F E Asian market and was assessed at $1077 / ton and $1082 / ton, respectively. No change was recorded in European ethylene market as well and was quoted around $1110-1115 / ton and in European domestic market, price stood around €945 / ton.

MEG market moved southwards due to slack market sentiment. MEG offers in S E Asian market was in the range of $1025-1030 / ton. In Chinese international and domestic market, MEG offers were at $1025 / ton and RMB 8450 / ton, respectively.

Offers for BGPET Chip in S E Asian market were stable and price stood mainly in the range of $1515-1525 / ton. In export market, counteroffers were still in the range of $1490-1500 / ton. In Chinese domestic market, offers were further discussed around RMB 11500 / ton.

FGPET Chip was available around $1600 / ton, whereas offers were around $1615 / ton in S E Asian market.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Stefano Gallucci (left), CEO, Santex Rimar Group, and Tamer Hasbay, President, Has Group; Courtesy: Santex Rimar

Textiles | On 24th Jan 2017

Santex Rimar to market all Has products globally

Italy based Santex Rimar Group has signed an agreement with Turkey...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Claudia Kersten
Global Organic Textile Standard

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

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Mike Hoffman
Gildan Activewear SRL

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

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
January 2017

January 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