Home / Knowledge / News / Textiles / Polyester raw material prices continue to hurtle down

Polyester raw material prices continue to hurtle down

08
May '12
Paraxylene (PX) prices dropped down in the Asian region. In S E Asian countries, PX prices plunged down and were assessed in the range of US$ 1535/ton to US$ 1540/ton. In F E Asian market, PX prices fell down and were quoted in between US$ 1510/ton to US$ 1515/ton. PX imported from Taiwanese market declined and hovered in the range of US$ 1555/ton to US$ 1560/ton.

PTA prices went down in Asia. In F E Asian and S E Asian countries, PTA prices were witnessed at US$ 1165/ton and US$ 1170/ton, respectively. PTA imported from Taiwanese market plunged down and were offered at US$ 1165/ton to US$ 1170/ton. In Chinese domestic market, PTA prices declined and were marked at RMB 8625/ton to RMB 8675/ton.

Ethylene prices turned down in S E Asia and U.S.A. In S E Asian countries, Ethylene prices plunged down sharply and were marked in the range of US$ 1225/ton and US$ 1230/ton. In F E Asian region, Ethylene price stayed stable and hovered at US$ 1315/ton.

In U.S.A market, Ethylene prices dropped down and were assessed in the range of 62.00 cents/pound to 62.50 cents/pound. In European international and domestic market, Ethylene price remained unchanged and were quoted at US$ 1425/ton and € 1100/ton, respectively.

MEG prices declined in Asian market. In S E Asian market, MEG prices were assessed in the range of US$ 995/ton to US$ 1000/ton. In China market, MEG prices followed the downward movement and were quoted in the range of US$ 1005/ton to US$ 1010/ton. In Chinese domestic market, MEG prices decreased and were offered in between RMB 7525/ton to RMB 7575/ton.

In S E Asian countries, BG PET Chips prices declined in the range of US$ 1490/ton to US$ 1500/ton. In F E Asian market counter offers were around US$ 1490/ton for export goods. In Chinese market, BG PET Chip prices stayed stable and were marked at RMB 10950/ton.

In Korean markets, FG PET Chips prices moved down and were witnessed in the range of US$ 1330/ton to US$ 1340/ton. In Indian market, FOB based price was assessed in the range of US$ 1380/ton to US$ 1385/ton. In Chinese market, FG PET Chip prices were inert in the range of RMB 10425/ton to RMB 10475/ton.

PSF prices dropped down in Asian region. In F E Asian market, PSF prices were assessed at US$ 1600/ton. In S E Asian market, PSF selling offers were marked at US$ 1500/ton. In Chinese domestic market, PSF prices slipped down in the range of RMB 11100/ton to RMB 11150/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were marked at RMB 11250/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY stayed stable but DTY and FDY declined slightly, which were witnessed at US$ 1535/ton, US$ 1710/ton and US$ 1525/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 27th Jul 2021

Freeze branding not non-mulesed in new Oz National Wool Declaration

Australian wool exporters have backed a revised National Wool...

Pic: Shutterstock

Apparel/Garments | On 27th Jul 2021

Jordan's garment industry showed 'resilience' during pandemic: Report

Jordan's garment industry did not witness the pandemic’s worst...

Pic: Shutterstock

Textiles | On 26th Jul 2021

Vietnam opens new rail freight link to Belgium on China-Europe line

Vietnam Railways (VNR) has added a new rail freight link from Vietnam ...

Interviews View All

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

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

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