Home / Knowledge / News / Textiles / PX & MEG prices fall, PSF prices rise

PX & MEG prices fall, PSF prices rise

12
Dec '11
Paraxylene (PX) prices declined, in Asian markets. In S E Asian market, PX prices stood at US$ 1450/ton. In F E Asian and S E Asian region, PX prices were in between US$ 1450/ton to US$ 1455/ton. PX imported from Taiwanese market was quoted around US$ 1455/ton.

In Asian markets, PTA prices were stable. In F E Asian and S E Asian region, PTA prices were in between US$ 1080/ton to US$ 1090/ton. PTA imported from Taiwanese market was quoted around US$ 1090/ton. In Chinese domestic market, PTA price remained firm between RMB 8450/ton to RMB 8550/ton.

In S E Asian market, Ethylene prices improved in the range of US$ 1080/ton to US$ 1085/ton. In F E Asian market, price was in the range of US$ 1080/ton to US$ 1085/ton. In European domestic market, price was in the range of € 885/ton to € 890/ton. In N W European market, Ethylene price was at US$ 1140/ton (on CIF base).

MEG price went down, in S E Asian markets. MEG was offered in the range of US$ 1095/ton to US$ 1110/ton. In Chinese domestic market, MEG price was in the range of RMB 8375/ton to RMB 8450/ton. However, MEG players are optimistic of a rally in short term future.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1560/ton to US$ 1570/ton. In F E Asian markets, selling offers were around US$ 1560/ton for export goods. In Chinese market, BG PET Chip offered at RMB 11300/ton.

In Korean markets, FG PET Chips prices was in the range of US$ 1425/ton to US$ 1435/ton and in Indian market, FOB based price was assessed in the range of US$ 1435/ton to US$ 1440/ton. In Chinese market, FG PET Chip hovered at RMB 10400/ton to RMB 10650/ton. PET Chip is going to remain firm in near term.

PSF price went up, in Asian market and hovered in the range of US$ 1625/ton to US$ 1635/ton. In S E Asian market, PSF offers were around US$ 1630/ton. In Chinese domestic market, PSF offers increased, in the range of RMB 11250/ton to RMB 11350/ton.

Polyester POY prices in Chinese domestic market remained unchanged. POY price went up to RMB 11900/ton. FDY and DTY selling offers were at RMB 12600/ton RMB 13300/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1615/ton, US$ 1705/ton and US$ 1800/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 30th Jul 2021

ILO outlines 3 scenarios for Asian garment sector recovery trajectory

Looking to the post-pandemic period, a new research brief by the...

Pic: Shutterstock

Retail | On 30th Jul 2021

UK retail sales up 0.5% MoM in June; clothing store sales down 4.7%

Retail sales volumes in the UK increased by 0.5 per cent in June 2021 ...

Pic: Shutterstock

Textiles | On 30th Jul 2021

Prime Content| Here's why global cotton trade will rise in July-Dec 2021

Global cotton trade is expected to rise in the coming months of 2021...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Main challenges are breakdown of supply chain and shrinkage of manpower

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Textile Industry, Head honchos

Textile Industry
Head honchos

There was a certain switch, but it was not 100% pandemic related

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor customises her own pair of...

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

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


July 2021

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


Advanced Search