Home / Knowledge / News / Textiles / PX, PTA & MEG prices dip; polyester POY stable

PX, PTA & MEG prices dip; polyester POY stable

15
May '12
Paraxylene (PX) prices plunged down in the Asian countries. In S E Asian region, PX prices dropped down and were in the range of US$ 1475/ton to US$ 1480/ton. In F E Asian market, PX prices were quoted at US$ 1460/ton. PX imported from Taiwanese market declined sharply and were quoted in the range of US$ 1490/ton to US$ 1495/ton.

In the Asian region, PTA prices inched down. In F E Asian and S E Asian countries, PTA prices plunged down to US$ 1125/ton and US$ 1130/ton, respectively. Prices of PTA imported from Taiwanese market dipped and were in the range of US$ 1140/ton to US$ 1145/ton. In Chinese domestic market, PTA prices remained unchanged and were offered in the range of RMB 8575/ton to RMB 8625/ton.

Ethylene prices showed mix reaction in the Asian market. In S E Asian countries, Ethylene prices dropped to US$ 1190/ton. In F E Asian region, Ethylene prices stayed steady at US$ 1230/ton.

In the US market, Ethylene prices decreased slightly and were in the range of 54.50 cents/pound to 55.00 cents/pound. In European international and domestic markets, Ethylene prices remained stable at US$ 1365/ton and € 1070/ton, respectively.

MEG prices dropped down in Asia. In S E Asian market, MEG offer prices were in the range of US$ 995/ton to US$ 1000/ton. In China market, MEG prices went up and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In Chinese domestic market, MEG prices remained steady and hovered in the range of RMB 7550/ton to RMB 7600/ton.

In S E Asian countries, BG PET Chips prices remained stable in the range of US$ 1480/ton to US$ 1490/ton. In F E Asian market, selling offers were around US$ 1480/ton for export goods. In Chinese market, BG PET Chip prices declined and were offered at RMB 10675/ton.

In Korean markets, FG PET Chips prices stayed stable in the range of US$ 1320/ton to US$ 1330/ton. In Indian market, FOB based price was assessed in the range of US$ 1370/ton to US$ 1375/ton. In Chinese market, FG PET Chip prices plunged down and hovered in the range of RMB 10275/ton to RMB 10325/ton.

PSF prices dropped down in the Asian market. In F E Asian market, PSF prices were in the range of US$ 1575/ton US$ 1580/ton. In S E Asian market, PSF selling offers were marked at US$ 1480/ton. In Chinese domestic market, PSF prices went down and hovered in the range of RMB 11000/ton to RMB 11050/ton.

Prices of Polyester POY, DTY and FDY were steady in Chinese domestic market and were offered at RMB 11250/ton, RMB 12500/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY remained stable at US$ 1530/ton, US$ 1690/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

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

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

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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