Home / Knowledge / News / Textiles / BG PET Chips prices plunge in Chinese market
BG PET Chips prices plunge in Chinese market
25
Feb '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were assessed in the range of US$ 1235/ton to US$ 1240/ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1215/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1265/ton to US$ 1270/ton.
 
PTA prices plunged in Asian markets. In the S E Asian market, PTA prices declined and were quoted in the range of US$ 900/ton to US$ 905/ton. In the F E Asian market, PTA prices decreased and were assessed at US$ 900/ton. Prices of PTA imported from the Taiwanese market plunged and were quoted in the range of US$ 915/ton to US$ 920/ton. In the Chinese domestic market, PTA prices fell and were assessed in the range of RMB 6300/ton to RMB 6350/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the S E Asian market, Ethylene prices remained unchanged and were assessed in the range off US$ 1395/ton to US$ 1400/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1410/ton. In the US market, Ethylene prices declined and were assessed in the range of 52.00 cents/pound to 52.50 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were quoted at US$ 1265/ton and € 950/ton, respectively.
 
MEG plunged in Asian markets. In the S E Asian region, MEG price declined and were quoted at US$ 920/ton. In the Chinese international market, MEG prices decreased and were assessed in the range of US$ 925/ton to US$ 930/ton. In the Chinese domestic market, MEG price remained unchanged and were quoted in the range of RMB 6700/ton to RMB 6750/ton.
 
In the S E Asian region, BG PET Chips remained stable and were assessed in the range of US$ 1300/ton to US$ 1340/ton, and some deals were discussed in the range of US$ 1310/ton to US$ 1350/ton. In the F E Asian market, selling offers were assessed at US$ US$ 1320/ton to US$ 1360/ton, while talked prices were between US$ 1310/ton to US$ 1350/ton. In the Chinese market, BG PET Chips prices declined and were quoted in the range of RMB 8350/ton to RMB 8400/ton.
 
In the Korean market, FG PET Chips prices maintained a steady trend and were quoted in the range of US$ 1130/ton to US$ 1160/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1190/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained unchanged and were quoted in the range of RMB 8400/ton to RMB 8450/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1505/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1405/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 9275/ton to RMB 9325/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained stable at RMB 9325/ton, RMB 11200/ton, while FDY prices declined and were assessed at RMB 9650/ton. In the export market, prices of POY and DTY remained unchanged at US$ 1290/ton and US$ 1555/ton, while FDY prices plunged and were assessed at US$ 1325/ton. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Interviews View All

Textile industry, Head honchos

Textile industry
Head honchos

South India has a very strong manufacturing base

Smita Murarka, Amanté

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Shawn Honeycutt, Bolger & O'Hearn

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Alon Moshe,

Alon Moshe

Israel-based Twine Solutions is a technology start-up that has developed a ...

Ritu Ajbani & Neha Agarwal,

Ritu Ajbani & Neha Agarwal

Petit Royal, co-founded by entrepreneurs <b>Ritu Ajbani and Neha...

Ronald Van Den Broek,

Ronald Van Den Broek

Headquartered in Japan, Mimaki Engineering Co. Ltd. manufactures and...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

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

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

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

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search