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

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Larry L Kinn
Suominen Corporation

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

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

Mike Hoffman
Gildan Activewear SRL

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search