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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Eric Scholler
Groz-Beckert

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

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

Karan Arora
Karan Arora

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search