Home / Knowledge / News / Textiles / Asian MEG & PSF trends tumble, ethylene steady

Asian MEG & PSF trends tumble, ethylene steady

08
Jun '12
Paraxylene (PX) prices stayed stable in the Asian market. In S E Asian region, PX price remained steady and were quoted in the range of US$ 1235/ton to US$ 1240/ton. In F E Asian region, PX prices were offered at US$ 1215/ton. PX imported from Taiwanese market went up and were quoted in the range of US$ 1235/ton to US$ 1240/ton.

PTA prices remained stable in the Asian region. In S E Asian market, PTA prices stayed steady and were offered in the range of US$ 935 to US$ 940/ton. In F E Asian market, PTA was assessed at US$ 935/ton.

PTA imported from Taiwanese market remained unchanged and was quoted in the range of US$ 930/ton to US$ 935/ton. In Chinese domestic market, PTA prices remained steady and were offered in the range RMB 7325/ton to RMB 7375/ton.

Ethylene prices stayed steady in the Asian country. In S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 945/ton to US$ 950/ton. In F E Asian region, Ethylene prices were assessed at US$ 990/ton.

In U.S.A market, Ethylene prices stayed stable and were quoted in the range of 40.50 cents/pound to 41.00 cents/pound. In European international market and domestic market, Ethylene prices remained unchanged and were offered at US$ 1105/ton and € 860/ton, respectively.

MEG prices went down in Asia. In S E Asian region, MEG prices plunged down and were offered at US$ 870/ton. In China market, MEG prices stayed steady in the range of US$ 870/ton to US$ 875/ton. In Chinese domestic market, MEG prices were quoted in the range RMB 6725/ton to RMB 6775/ton.

In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1390/ton to US$ 1410/ton. In F E Asian market, selling offers were around US$ 1390/ton for export goods. In Chinese market, BG PET Chip prices remained stable and were offered at RMB 9600/ton.

In Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based price were quoted in the range of US$ 1320/ton to US$ 1330/ton. In Chinese market, FG PET Chip prices remained steady and were offered in the range of RMB 9375/ton to RMB 9425/ton.

PSF prices declined in the Asian market. In F E Asian region, PSF prices declined to US$ 1460/ton. In S E Asian market, PSF selling offers were at US$ 1360/ton. In Chinese domestic market, PSF prices dropped down and were offered in the range of RMB 10225/ton to RMB 10275/ton.

In Chinese domestic market, Polyester POY and FDY prices stayed steady and were marked at RMB 10100/ton and RMB 9900/ton, respectively while DTY prices declined to RMB 11300/ton. In export market, offers for POY and FDY stayed stable and were offered at US$ 1355/ton and US$ 1310/ton, respectively while DTY price went down to US$ 1505/ton.

Click here to view andcompare 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

Fabric selection & recommendation based on client's brief

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

Good tidings expected for textile industry

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Akram Tariq Khan,

Akram Tariq Khan

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

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

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

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

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