Home / Knowledge / News / Textiles / Ethylene prices plunge in US market
Ethylene prices plunge in US market
20
Nov '13
Paraxylene (PX) prices remained stable in Asian markets. In the Southeast Asian region, PX prices remained unchanged and were quoted in the range of US$ 1390/ton to US$ 1395/ton. In the Far East Asian market, PX prices remained stable and were assessed at US$ 1380/ton. Prices of PX imported from the Taiwanese market decreased and were quoted in the range of US$ 1400/ton to US$ 1405/ton.    
   
PTA prices plunged in the Asian region. In the Southeast Asian market, PTA prices declined and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Far East Asian market, PTA prices were quoted at US$ 990/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices remained stable and were quoted in the range of RMB 7250/ton to RMB 7300/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices remained stable and were quoted in the range of US$ 1410/ton to US$ 1415/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1300/ton. In the US market, Ethylene prices plunged and were quoted in the range of 54.50 cents/pound to 55.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were assessed at US$ 1225/ton and € 970/ton, respectively.
 
MEG prices decreased in Asian markets. In the Southeast Asian region, MEG prices declined and were assessed at US$ 1025/ton. In the Chinese international market, MEG prices plunged and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, MEG prices surged and were assessed in the range of RMB 7400/ton to RMB 7450/ton.
 
In the Southeast Asian region, BG PET chip prices remained unchanged in the range of US$ US$ 1340/ton to US$ 1380/ton, and some deals were discussed in the range of US$ 1330/ton to US$ 1370/ton. In the Far East Asian market, selling offers remained stable at US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET chip prices were assessed at RMB 9600/ton.
 
In the Korean market, FG PET chip prices remained unchanged and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices remained stable in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET chip prices remained unchanged and were quoted in the range of RMB 9225/ton to RMB 9275/ton.
 
PSF prices maintained a steady trend in Asian markets. In the Far East Asian market, PSF prices were assessed at US$ 1510/ton. In the Southeast Asian market, PSF selling prices were quoted at US$ 1410/ton. In the Chinese domestic market, PSF prices remained unchanged and were assessed in the range of RMB 9825/ton to RMB 9875/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10100/ton, RMB 11900/ton, and RMB 10150/ton, respectively. In the export market, prices of POY, DTY, and FDY declined at US$ 1405/ton, US$ 1660/ton, and US$ 1400/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 22nd Oct 2021

China's coal output rises to meet energy shortfalls amid govt measures

China's coal supply has showed signs of picking up with daily...

Pic: Shutterstock

Textiles | On 22nd Oct 2021

Indonesia, China begin feasibility study on coal-to-methanol unit

Indonesia and China recently signed an MoU to conduct a feasibility...

Pic: Shutterstock/TY Lim

Fashion | On 22nd Oct 2021

Balenciaga ranked hottest brand in The Lyst Index Q3 2021

Paris-based luxury fashion house Balenciaga was ranked the hottest...

Interviews View All

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Rajesh Vohra,

Rajesh Vohra

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

Shyam Gupta,

Shyam Gupta

Established by <b>Shyam Gupta</b> in 1978, Gargee Designer's (GD) offers...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

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

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

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