Home / Knowledge / News / Textiles / MEG & PSF continue to climb, polyester yarn firm
MEG & PSF continue to climb, polyester yarn firm
02
Jun '11
Paraxylene market remained stable around US$ 1495/ton. In S E Asian region, price was quoted in between US$ 1500/ton and US$ 1505/ton. In the F E Asian market, price hovered in the range of US$ 1495/ton to US$ 1505/ton. In Chinese market, price went down to US$ 1500/ton.

In S E Asian markets, PTA price increased at slow and steady pace to US$ 1235/ton. In Chinese market, PTA price hovered around RMB 9675/ton but trading price hovered in between RMB 9650/ton to RMB 9750/ton. In Asian market, PTA price remained range bound in between US$ 1230/ton to US$ 1240/ton.

Ethylene price went down to around US$ 1235/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1230/ton to US$ 1235/ton. In European international and domestic market, price declined to around US$ 1540/ton and € 1110/ton, respectively. In USA market, ethylene was quoted around 65.55 cents/pound to 66.15 cents/pound.

MEG markets in S E Asian region increased steeply. Prices hovered mainly in the range of US$ 1235/ton to US$ 1240/ton. In Indian markets, price of MEG inclined to around US$ 1240/ton to US$ 1250/ton and in Chinese market, MEG price stood in the range of RMB 9500/ton to RMB 9600/ton. Market experts expect minor correction in MEG price from current level.

BGPET Chips price remained stable, in S E Asian region and was in between US$ 1690/ton to US$ 1700/ton. In F E Asian markets, selling offers were around US$ 1585/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12450/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1565/ton to US$ 1585/ton and in Indian market; it was assessed in the range of US$ 1555/ton to US$ 1575/ton. In Chinese market, FG PET Chip was at RMB 11850/ton to RMB 11900/ton.

PSF price went up in Chinese market and offers hovered around US$ 1775/ton to US$ 1825/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$ 1780/ton. In Chinese domestic market, PSF offers were around RMB 12600/ton.

Polyester yarn market in Chinese domestic market remained firm. Offers for FDY and POY were at RMB 13700/ton and RMB 14100/ton respectively. Selling offers for DTY was around RMB 15900/ton. In export market offers for POY, FDY and DTY was at US$ 1890/ton, 1820/ton and US$ 2125/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Larry L Kinn
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao
Nayaab

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X