Home / Knowledge / News / Textiles / PTA & PSF continue slide, ethylene trends up
PTA & PSF continue slide, ethylene trends up
17
May '11
Paraxylene market prices went down to US$ 1525/ton, due to weak energy market. In S E Asian region, price was quoted in between US$ 1520/ton and US$ 1525/ton. In the F E Asian market, price hovered in the range of US$ 1525/ton to US$ 1530/ton. In Chinese market price went down to US$ 1525/ton.

In S E Asian markets, PTA continued to decline to around US$ 1205/ton in Asian market. In Chinese market, PTA price opened around RMB 9400/ton but trading price hovered in between RMB 9450/ton to RMB 9550/ton. In Asian market PTA price declined to US$ 1200/ton to US$ 1210/ton.

Ethylene price went up in S E Asian market mainly due to supply concern, and marked in the range of US$ 1370/ton to US$ 1375/ton. F E Asian market price was in the range of US$ 1295/ton to US$ 1300/ton. In European international and domestic market, price turned soft around US$ 1545/ton and € 1130/ton, respectively. In USA market, ethylene was quoted around 68.25 cents/pound to 68.75 cents/pound.

MEG markets remain unchanged 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$ 1825/ton to US$ 1840/ton. In Indian market 1.4 D PSF was around INR 95.75/Kg. 1.4 D Super black was around INR 106.25/Kg. In S E Asian market PSF offers were around US$ 1785/ton. In Chinese domestic market PSF offers were around RMB 12700/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
February 2017

February 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