Home / Knowledge / News / Textiles / PX & PSF trends stable, BGPET & FGPET chips weaken
PX & PSF trends stable, BGPET & FGPET chips weaken
05
May '11
Asian paraxylene market price remained stable at US$ 1595/ton. In S E Asian region, price was quoted in between US$ 1590/ton and US$ 1595/ton. In the F E Asian market, price hovered in the range of US$ 1585/ton to US$ 1595/ton. In Chinese market price went down to US$ 1590/ton. A major decline is expected in short term.

Today, the PTA market plunged by US$ 40/ton in Asian market. In China, Zhengzhou PTA futures opened low in today's early trading. PTA contract opened around RMB 10500/ton but before closing it went down to between RMB 9890/ton to RMB 10050/ton.

Ethylene price was stable in S E Asian market and was marked in the range of US$ 1380/ton to US$ 1390/ton. F E Asian market price was in the range of US$ 1335/ton to US$ 1340/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 65.25 cents/pound to 65.75 cents/pound.

MEG market remained stable in global market. In S E Asian region, MEG prices hovered in the range of US$ 1130/ton to US$ 1135/ton. In Indian markets, price of MEG inclined to around US$ 1135/ton to US$ 1140/ton and in Chinese market, MEG price stood in the range of RMB 8850/ton to RMB 8900/ton.

BGPET Chips price went down in S E Asian region and was quoted in between US$ 1785/ton to US$ 1795/ton. In F E Asian markets, selling offers were around US$ 1885/ton for exportable goods. In Chinese market BG PET Chip was at RMB 13200/ton.

FGPET Chips prices in Korean markets turned weak in the range of US$ 1715/ton to US$ 1725/ton and in Indian market; it was assessed in the range of US$ 1720/ton to US$ 1730/ton. In Chinese market FG PET Chip was at RMB 12800/ton to RMB 12850/ton.

PSF price remained stable. In Chinese market, PSF offers hovered around US$ 1895/ton to US$ 1945/ton. In Indian market 1.4 D PSF was around INR 104.75/Kg. and 1.4 D Super black was around INR 118.25/Kg. In S E Asian market PSF offers were around US$ 1895/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Wendell Rodricks
Wendell Rodricks

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

Judy Frater
Somaiya Kala Vidya

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

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

news category


Related Categories:
June 2017

June 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