Home / Knowledge / News / Textiles / PX & MEG prices surge in Asian markets

PX & MEG prices surge in Asian markets

05
Sep '12
Paraxylene (PX) prices went up in the Asian region. In S E Asian region, PX prices increased in the range of US$ 1470/ton to US$ 1475/ton. In F E Asian market, PX prices were quoted at US$ 1465/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1480/ton to US$ 1485/ton.  
 
PTA prices surged in Asian markets. In S E Asian market, PTA prices went up in the range of US$ 1070/ton to US$ 1075/ton. In F E Asian market, PTA prices were quoted at US$ 1060/ton. Prices of PTA imported from Taiwanese market increased in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, PTA prices went down in the range of RMB 8175/ton to RMB 8225/ton.
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices went up in the range of US$ 1330/ton to US$ 1335/ton. In F E Asian region, Ethylene prices were assessed at US$ 1315/ton. In the US market, Ethylene prices went down in the range of 60.50 cents/pound to 61.00 cents/pound. Ethylene prices kept stable in European international and domestic markets at US$ 1340/ton and € 1195/ton, respectively.
 
MEG prices went up in the Asian region. In S E Asian region, MEG prices surged and were offered at US$ 1070/ton. In China market, MEG prices went up in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices continued to be steady in the range of RMB 8175/ton to RMB 8225/ton.
 
In S E Asian region, BG PET Chips prices continued to be stable in the range of US$ 1320/ton to US$ 1350/ton. In F E Asian market, selling offers were around US$ 1300/ton for export goods. In the Chinese market, BG PET Chips prices surged to RMB 10250/ton.
 
In Korean market, FG PET Chips prices remained steady in the range of US$ 1190/ton to US$ 1230/ton. In Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices went up and were offered in the range of RMB 10100/ton to RMB 10150/ton.
 
PSF prices were steady in Asian markets. In F E Asian market, PSF prices were offered at US$ 1530/ton. In S E Asian market, PSF selling offers were assessed at US$ 1430/ton. In the Chinese domestic market, PSF prices kept unchanged in the range of RMB 10725/ton to RMB 10775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged at RMB 11150/ton, RMB 12600/ton and RMB 11100/ton, respectively. In export market, offers for POY and DTY declined and were offered at US$ 1500/ton and US$ 1690/ton, respectively, while FDY prices were steady at US$ 1480/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 3rd Aug 2021

Pingnan County in China investing ¥26 bn in textile industry cluster

Pingnan County in the Guangxi region of China is building a textile...

Pic: Shutterstock

Apparel/Garments | On 3rd Aug 2021

84% industrial units in Bangladesh reopen; union leaders concerned

Around 84 per cent of Bangladesh's textile and readymade garment...

Pic: Shutterstock

Apparel/Garments | On 3rd Aug 2021

Prime Content| Vietnam textile & garment exports at $17.953 bn in Jan-June '21

Vietnam earned $17.953 billion from textile and garment exports in...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Noemi Sanchez,

Noemi Sanchez

Established since 1846, Evlox is a specialised denim manufacturer with its ...

Seema Mishra,

Seema Mishra

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

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

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

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

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