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

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

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

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Mark Paterson
Technical Absorbents Ltd

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

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

Judy Frater
Somaiya Kala Vidya

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

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

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
March 2017

March 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