Home / Knowledge / News / Textiles / MEG prices increase in Chinese domestic market
MEG prices increase in Chinese domestic market
01
Apr '14
Paraxylene (PX) prices kept inert in Asian markets. In the S E Asian region, PX prices remained steady and were quoted in the range of US$ 1235/ton to US$ 1240/ton. In the F E Asian market, PX prices kept unchanged and were quoted at US$ 1220/ton. Prices of PX imported from the Taiwanese market increased and were offered in the range of US$ 1240/ton to US$ 1245/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices surged and were quoted in the range of US$ 915/ton to US$ 920/ton. In the F E Asian market, PTA prices increased and were quoted at US$ 915/ton. Prices of PTA imported from the Taiwanese market increased and were quoted in the range of US$ 905/ton to US$ 910/ton. In the Chinese domestic market, PTA prices surged and were quoted in the range of RMB 6500/ton to RMB 6550/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were quoted in the range of US$ 1420/ton to US$ 1425/ton. In the F E Asian region, Ethylene prices stayed stable and were offered at US$ 1375/ton. In the US market, Ethylene prices remained unchanged in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices declined in the European international market to US$ 1200/ton, while they remained stable in European domestic market at €905/ton.
  
MEG prices increased in Asian markets. In the S E Asian region, MEG prices surged and were quoted at US$ 960/ton. In the Chinese international market, MEG prices decreased and were offered in the range of US$ 945/ton to US$ 950/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 6850/ton to RMB 6900/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1310/ton to US$ 1350/ton, and some deals were quoted in the range of US$ 1320/ton to US$ 1360/ton. In the F E Asian market, selling offers remained steady in the range of US$ 1330/ton to US$ 1370/ton, while talked prices were assessed between US$ 1340/ton and US$ 1380/ton. In the Chinese market, BG PET Chips prices decreased and were quoted in the range of RMB 8850/ton to RMB 8900/ton.
 
In the Korean market, FG PET Chips prices remained steady and were offered in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1200/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices increased and were quoted in the range of RMB 8150/ton to RMB 8200/ton.
 
PSF prices maintained steady trend in the Asian region. In the F E Asian market, PSF prices were offered at US$ 1480/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1380/ton. In the Chinese domestic market, PSF prices increased and were quoted in the range of RMB 8800/ton to RMB 8850/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY increased to RMB 9100/ton and RMB 11000/ton, while FDY prices kept unchanged at RMB 9500/ton. In the export market, offers for POY and DTY surged to US$ 1230/ton and US$ 1490/ton, while FDY prices kept steady at US$ 1475/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Interviews View All

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Ritu Ajbani & Neha Agarwal,

Ritu Ajbani & Neha Agarwal

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

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Oliver Schmitz,

Oliver Schmitz

Germany-based Gmöhling is a leading manufacturer of aluminium containers...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

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

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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