Home / Knowledge / News / Textiles / PX & MEG prices continue to rise, ethylene stable

PX & MEG prices continue to rise, ethylene stable

19
Apr '12
Paraxylene (PX) prices went up in the global market. In S E Asian countries, PX prices surged up and were assessed in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, they were quoted in between US$ 1535/ton to US$ 1540/ton. PX imported from Taiwanese market also inched up and hovered in the range of US$ 1560/ton to US$ 1565/ton.

PTA prices remained stable in the Asia. In F E Asian and S E Asian countries, PTA prices stood around US$ 1170/ton to US$ 1175/ton. PTA imported from Taiwanese market was at US$ 1170/ton. In Chinese domestic market, PTA prices declined slightly and were marked at RMB 8750/ton to RMB 8800/ton.

Ethylene prices remained stable in the Asian market. In S E Asian countries, Ethylene price was assessed at US$ 1420/ton. In F E Asian region, Ethylene price was quoted at US$ 1415/ton. In U.S.A market, Ethylene price slipped down and was quoted in the range of 64.50 cents/pound to 65.50 cents/pound. In European domestic market, Ethylene price was at € 1230/ton. In European market, Ethylene price was in the range of US$ 1545/ton to US$ 1555/ton.

MEG prices continued to follow the upward trend. In S E Asian markets, MEG prices hovered in the range of US$ 985/ton to US$ 990/ton. In China market, MEG prices jumped to US$ 980/ton to US$ 990/ton. In Chinese domestic market, MEG was offered in between RMB 7475/ton to RMB 7525/ton.

In S E Asian countries, BG PET Chips price was quoted stable in the range of US$ 1565/ton to US$ 1575/ton. In F E Asian markets, counter offers for export goods were around US$ 1550/ton. In Chinese market, BG PET Chip prices were at RMB 11000/ton.

In Korean markets, FG PET Chips price was steady in the range of US$ 1440/ton to US$ 1460/ton. In Indian market, FOB based price was assessed in the range of US$ 1465/ton to US$ 1475/ton. In Chinese market, FG PET Chip prices were stable at RMB 10375/ton to RMB 10425/ton.

PSF prices remained stable in Asian market. In F E Asian countries, PSF prices hovered in the range of US$ 1595/ton to US$ 1600/ton. In S E Asian market, PSF selling offers were in the range of US$ 1495/ton to US$ 1500/ton. In Chinese domestic market, PSF prices were unchanged and stood in the range of RMB 11050/ton to RMB 11150/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were marked at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY dropped down to US$ 1520/ton, US$ 1705/ton and US$ 1520/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...

Pic: GBG USA

Apparel/Garments | On 31st Jul 2021

Apparel & footwear firm GBG USA files for bankruptcy protection

GBG USA, an indirect wholly owned subsidiary of Global Brands Group...

Pic: Shutterstock

Apparel/Garments | On 31st Jul 2021

Asian garment industry market concentration, consolidation rise: ILO

Although Asia's garment market rose in size in value terms before the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

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

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Meghavi Suthar,

Meghavi Suthar

Founded by NIFT graduate <b>Meghavi Suthar </b>in 2017, Kala is an...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

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