Home / Knowledge / News / Textiles / PTA & PSF continue to fall, MEG bounces back
PTA & PSF continue to fall, MEG bounces back
16
May '11
Paraxylene market prices remained unchanged at US$ 1525/ton, despite of weak energy market. In S E Asian region, price was quoted in between US$ 1525/ton and US$ 1530/ton. In the F E Asian market, price hovered in the range of US$ 1530/ton to US$ 1535/ton. In Chinese market price went down to US$ 1530/ton.

In S E Asian markets, PTA continued to decline, around US$ 1205/ton in Asian market. In Chinese market, PTA price opened around RMB 9500/ton, but trading price hovered in between RMB 9600/ton to RMB 9700/ton. In Asian market, PTA price declined to US$ 1200/ton to US$ 1210/ton.

Ethylene price remained stable to weak in S E Asian market and marked in the range of US$ 1365/ton to US$ 1370/ton. F E Asian market price was in the range of US$ 1300/ton to US$ 1305/ton. In European international and domestic market, price turned soft around US$ 1540/ton and € 1130/ton, respectively. In USA market, ethylene was quoted around 65.25 cents/pound to 65.75 cents/pound.

MEG markets bounced back in global market. 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$ 1090/ton to US$ 1095/ton and in Chinese market, MEG price stood in the range of RMB 8550/ton to RMB 8650/ton.

BGPET Chips price remained stable to weak in S E Asian region and was in between US$ 1710/ton to US$ 1720/ton. In F E Asian markets, selling offers were around US$ 1710/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12350/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1550/ton to US$ 1570/ton and in Indian market; it was assessed in the range of US$ 1560/ton to US$ 1580/ton. In Chinese market FG PET Chip was at RMB 11850/ton to RMB 11900/ton.

PSF price continued to decline, in Chinese market PSF offers hovered around US$ 1835/ton to US$ 1845/ton. In Indian market 1.4 D PSF was around INR 98.75/Kg. 1.4 D Super black was around INR 111.25/Kg. In S E Asian market PSF offers were around US$ 1820/ton. In Chinese domestic market PSF offers were around RMB 12750/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 16th Jan 2017

India’s WPI inflation rises to 3.39% in December 2016

India’s annual rate of inflation, based on monthly wholesale price...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Textiles | On 16th Jan 2017

Producing contamination free cotton biggest task: CCI

Producing contamination free cotton is the biggest task for the...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Larry L Kinn
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

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

Mike Hoffman
Gildan Activewear SRL

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

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
January 2017

January 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