Home / Knowledge / News / Textiles / MEG prices decrease in Southeast Asian region
MEG prices decrease in Southeast Asian region
05
Aug '13
Paraxylene (PX) prices surged in Asian markets. In the Southeast Asian region, PX prices surged and were assessed in the range of US$ 1495/ton to US$ 1500/ton. In the Fareast Asian market, PX prices were quoted at US$ 1480/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1490/ton to US$ 1495/ton.  
           
PTA prices increased in the Asian region. In the Southeast Asian market, PTA prices went up and were offered in the range of US$ 1105/ton to US$ 1110/ton. In the Fareast Asian market, PTA prices were offered at US$ 1110/ton. Prices of PTA imported from Taiwanese market increased and were quoted in the range of US$ 1105/ton to US$ 1110/ton. In the Chinese domestic market, PTA prices were stable and were assessed in the range of RMB 7800/ton to RMB 7850/ton.   
 
Ethylene prices remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices were offered in the range of US$ 1215/ton to US$ 1220/ton. In the Fareast Asian region, Ethylene prices were quoted at US$ 1190/ton. In the US market, Ethylene prices stayed stable and were offered in the range of 53.50 cents/pound to 54.0 cents/pound. Ethylene prices increased in the European international and domestic markets, and were assessed at US$ 1370/ton and €1070/ton, respectively.  
   
MEG prices declined in Asia. In the Southeast Asian region, MEG prices went down and were assessed at US$ 1100/ton. In the Chinese international market, MEG prices increased and were offered in the range of US$ 1100/ton to US$ 1105/ton. In the Chinese domestic market, MEG prices went down and were quoted in the range of RMB 8075/ton to RMB 8125/ton.       
 
In the Southeast Asian region, BG PET Chips prices surged and were assessed in the range of US$ 1420/ton to US$ 1460/ton and some deals were discussed at around US$ 1410/ton to US$ 1420/ton. In the Fareast Asian market, selling offers increased at US$ 1400/ton to US$ 1440/ton, while talked prices were offered between US$ 1390/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices surged and were quoted at RMB 10075/ton.
 
In the Korean market, FG PET Chips prices increased and were quoted in the range of US$ 1240/ton to US$ 1270/ton. In Indian market, FOB based prices surged and were assessed in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices surged and were offered in the range of RMB 9450/ton to RMB 9475/ton.
 
PSF prices were steady in Asian markets. In the Fareast Asian market, PSF prices were assessed at US$ 1475/ton. In the Southeast Asian market, PSF prices were quoted at US$ 1375/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 10300/ton to RMB 10350/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY prices increased at RMB 10425/ton, RMB 12050/ton, and RMB 10575/ton, respectively. In the export market, prices for POY, DTY, and FDY surged at US$ 1450/ton, US$ 1675/ton, and US$ 1455/ton, respectively.  
 
Click here to view and compare daily price trends
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 23rd Oct 2021

FDRA urges US govt to remove tariffs causing kids' shoe price spikes

The Footwear Distributors and Retailers of America (FDRA) has sent...

Pic: Sorbis / Shutterstock.com

Fashion | On 23rd Oct 2021

Calvin Klein & Louis Vuitton top 2 trustworthy brands for US customers

Calvin Klein, an iconic American brand that has existed since 1968,...

Pic: Breuninger

E-commerce | On 23rd Oct 2021

Fashion retailer Breuninger to launch e-commerce portal in Poland

After Austria (2017) and Switzerland (2019), fashion company...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Nantas Montonati,

Nantas Montonati

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

Rajesh Vohra,

Rajesh Vohra

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

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

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

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

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

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


October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search