Home / Knowledge / News / Textiles / PX, PTA & MEG prices continue to fall
PX, PTA & MEG prices continue to fall
20
Apr '11
Paraxylene market went down to US$ 1585/ton and price continued to move down in tandem with energy market. In S E Asian region, price was quoted in between US$ 1585/ton and US$ 1595/ton. In the F E Asian market, price hovered in the range of US$ 1590/ton to US$ 1595/ton. In Chinese market, price was around US$ 1585/ton.

Asian PTA price declined further and was assessed in the range of US$ 1405/ton to US$ 1410/ton. In F E Asian region, PTA was quoted at US$ 1410/ton. In Indian market, PTA stood around US$ 1415/ton. In Chinese market, price of PTA declined in the range of RMB 10850/ton to RMB 10900/ton.

Ethylene price remained stable, in S E Asian market and was marked around US$ 1390/ton to US$ 1400/ton. F E Asian market price was in the range of US$ 1395/ton to US$ 1400/ton. In European international and domestic market, price was stable at US$ 1565/ton and € 1140/ton, respectively. In USA market, ethylene was quoted around 59.00 cents/pound to 59.55 cents/pound.

MEG price went down further in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1100/ton to US$ 1105/ton. In Indian markets, price of MEG declined to around US$ 1105/ton to US$ 1110/ton and in Chinese market, MEG price stood in the range of RMB 8650/ton to RMB 8700/ton.

BGPET Chips price declined slowly in S E Asian region and was assessed around US$ 1870/ton to US$ 1880/ton. In F E Asian markets, selling offers were around US$ 1875/ton for exportable goods. In Chinese market BG PET Chip was at RMB 13,600/ton.

FGPET Chips prices in Korean markets remained soft in the range of US$ 1760/ton to US$ 1775/ton and in Indian market; it was assessed in the range of US$ 1755/ton to US$ 1760/ton. In Chinese market FG PET Chip was at RMB 13050/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Krishnanand Tripathi
Textrade International Ltd

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

Marten Alkhagen
Swerea IVF AB

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

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

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

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
April 2017

April 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