Home / Knowledge / News / Textiles / PX & PSF continue decline, PTA & MEG unchanged
PX & PSF continue decline, PTA & MEG unchanged
10
May '11
Paraxylene market price declined to US$ 1525/ton, in tandem with energy market. In S E Asian region, price was quoted in between US$ 1520/ton and US$ 1530/ton. In the F E Asian market, price hovered in the range of US$ 1505/ton to US$ 1515/ton. In Chinese market price went down to US$ 1530/ton. Expected major decline in short term.

PTA markets remain unchanged, around US$ 1255/ton in Asian market. In Chinese market, PTA price opened around RMB 9900/ton but trading concluded in between RMB 9800/ton to RMB 9850/ton. In Asian market PTA price declined to US$ 1250/ton to US$ 1255/ton.

Ethylene price remained weak in S E Asian market and was marked in the range of US$ 1375/ton to US$ 1380/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 turned soft around US$ 1540/ton and € 1125/ton, respectively. In USA market, ethylene was quoted around 65.25 cents/pound to 65.75 cents/pound.

MEG markets remain unchanged in global market in tandem with downtrend in allied PET raw material. In S E Asian region, MEG prices hovered in the range of US$ 1085/ton to US$ 1095/ton. In Indian markets, price of MEG inclined to around US$ 1085/ton to US$ 1090/ton and in Chinese market, MEG price stood in the range of RMB 8400/ton to RMB 8600/ton.

BGPET Chips price went down in S E Asian region and was in between US$ 1730/ton to US$ 1740/ton. In F E Asian markets, selling offers were around US$ 1735/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12650/ton.

FGPET Chips prices in Korean markets tuned weak in the range of US$ 1660/ton to US$ 1670/ton and in Indian market; it was assessed in the range of US$ 1700/ton to US$ 1710/ton. In Chinese market FG PET Chip was at RMB 12300/ton to RMB 12400/ton.

PSF price declined, in Chinese market PSF offers hovered around US$ 1860/ton to US$ 1905/ton. In Indian market 1.4 D PSF was around INR 101.75/Kg. 1.4 D Super black was around INR 114.25/Kg. In S E Asian market PSF offers were around US$ 1850/ton.

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

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

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...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Robert Brunner
Devereux

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
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