Home / Knowledge / News / Textiles / Ethylene prices rise in Southeast Asia; decline in US
Ethylene prices rise in Southeast Asia; decline in US
08
Sep '14
Paraxylene (PX) prices continued to show steady trend in Asian markets. In the S E Asian region, PX prices remained steady and were quoted in the range of US$ 1275/ton to US$ 1280/ton. In the F E Asian market, PX prices kept inert and were quoted at US$ 1255/ton. Prices of PX imported from the Taiwanese market kept steady and were offered in the range of US$ 1275/ton to US$ 1280/ton.
 
PTA prices went down in the Asian region. In the S E Asian market, PTA prices declined and were offered in the range of US$ 980/ton to US$ 985/ton. In the F E Asian market, PTA prices plunged and were assessed at US$ 960/ton. Prices of PTA imported from the Taiwanese market maintained steady trend and were assessed in the range of US$ 960/ton to US$ 965/ton. In the Chinese domestic market, PTA prices increased and were offered in the range of RMB 6880/ton to RMB 6930/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices increased and were offered in the range of US$ 1500/ton to US$ 1505/ton. In the F E Asian region, Ethylene prices remained steady and were assessed at US$ 1490/ton. In the US market, Ethylene prices declined and were quoted in the range of 68.00 cents/pound to 68.50 cents/pound. Ethylene prices stayed steady in the European international as well as in domestic markets and were assessed at US$ 1250/ton and € 975/ton, respectively.
 
MEG prices remained stable in the Asian region. In the S E Asian region, MEG prices kept unchanged and were offered at US$ 975/ton. In the Chinese international market, MEG prices inched down and were assessed in the range of US$ 965/ton to US$ 970/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 7090/ton to RMB 7150/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1320/ton to US$ 1360/ton, and some deals were concluded in the range of US$ 1330/ton to US$ 1370/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 quoted in the range of US$ 1340/ton to US$ 1380/ton. In the Chinese market, BG PET Chips prices were stable in the range of RMB 9125/ton to RMB 9175/ton.
 
In the Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1160/ton to US$ 1170/ton. In the Indian market, FOB based prices hovered in the range of US$ 1190/ton to US$ 1220/ton. In the Chinese market, FG PET Chips prices declined and were offered in the range of RMB 8850/ton to RMB 8900/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices kept inert at US$ 1405/ton. In the S E Asian market, PSF selling prices remained steady at US$ 1305/ton. In the Chinese domestic market, PSF prices remained stable and were offered in the range of RMB 9575/ton to RMB 9625/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 9750/ton, RMB 11450/ton and RMB 10450/ton, respectively. In the export market, offers for POY, DTY and FDY decreased to US$ 1340/ton, US$ 1575/ton and US$ 1430/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Sep 2020

Global economic forecast not as dark as earlier guess: IMF

Though the global economic outlook is not quite as dark as expected...

Pic: Edinburgh Woollen Mill

Fashion | On 26th Sep 2020

FRP appointed to value Peacocks, Edinburgh Woollen Mill

Edinburgh Woollen Mill Group CEO Philip Day has started the...

Pic: Shutterstock

Retail | On 26th Sep 2020

India plans retail trade policy, settling logistics policy

India plans to formulate a retail trade policy for which stakeholder...

Interviews View All

Top executives, Association

Top executives
Association

'Support and Outreach' huge relief for MSMEs

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Rushiraj Mulani,

Rushiraj Mulani

The Shradhdha Group of companies was established in 2010 and is based out...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Mario Ploner,

Mario Ploner

<div>Italian company Tecnomeccanica Biellese specialises in planning and...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

<span style="font-size: 12px;">Designer Suman Nathwani talks about her...

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


September 2020

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


Advanced Search