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

PSF, MEG & PX prices surge in Asian markets

17
Sep '12
Paraxylene (PX) prices went up in the Asian region. In S E Asian region, PX prices surged in the range of US$ 1585/ton to US$ 1590/ton. In F E Asian market, PX prices were offered at US$ 1580/ton. Prices of PX imported from Taiwanese market went down and were assessed in the range of US$ 1570/ton to US$ 1575/ton.    
 
PTA prices went up in Asian markets. In S E Asian market, PTA prices increased in the range of US$ 1120/ton to US$ 1125/ton. In F E Asian market, PTA prices were offered at US$ 1120/ton. Prices of PTA imported from Taiwanese market surged in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, PTA prices moved up in the range of RMB 8500/ton to RMB 8550/ton.  
 
Ethylene prices showed mixed trend in the Asian region.  In S E Asian market, Ethylene prices surged in the range of US$ 1295/ton to US$ 1300/ton. In F E Asian region, Ethylene prices were assessed at US$ 1290/ton. In the US market, Ethylene prices went down in the range of 57.00 cents/pound to 57.50 cents/pound. Ethylene prices increased in European international and domestic markets and were quoted at US$ 1400/ton and € 1205/ton, respectively.  
 
MEG prices surged in Asian markets. In S E Asian region, MEG prices increased and were assessed at US$ 1140/ton. In China market, MEG prices increased in the range of US$ 1115/ton to US$ 1120/ton. In the Chinese domestic market, MEG prices went up in the range of RMB 8650/ton to RMB 8700/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 10750/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 increased and were offered in the range of RMB 10525/ton to RMB 10575/ton.
 
PSF prices went up in Asian markets. In F E Asian market, PSF prices were offered at US$ 1540/ton. In S E Asian market, PSF selling offers were quoted at US$ 1440/ton. In the Chinese domestic market, PSF prices went up in the range of RMB 11300/ton to RMB 11350/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices surged and were offered at RMB 11550/ton, RMB 12700/ton and RMB 11400/ton, respectively. In export market, offers for POY, DTY and FDY increased and were quoted at US$ 1565/ton, US$ 1710/ton and US$ 1535/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Peru's CPTPP ratification likely to boost trade with Vietnam

Textiles | On 23rd Jul 2021

Peru's CPTPP ratification likely to boost trade with Vietnam

Peru's official ratification of the Comprehensive and Progressive...

Pic: Shutterstock

Apparel/Garments | On 23rd Jul 2021

Bangladesh to continue to attract FDI defying downturn: US

Bangladesh will stay resilient, continue to attract foreign direct...

Pic: Shutterstock

Apparel/Garments | On 23rd Jul 2021

Prime Content| Japan's clothing imports increase 4% in H1 2021

Japan’s imports of clothing and accessories increased by 4 per cent...

Interviews View All

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

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

Trainers faced immense challenges as most were not tech-savvy

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor customises her own pair of...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

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

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

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

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