Home / Knowledge / News / Textiles / PX, PTA & MEG prices move up in Asian markets
PX, PTA & MEG prices move up in Asian markets
24
Sep '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices increased and were offered in the range of US$ 1235/ton to US$ 1240ton. In the F E Asian market, PX prices inched up and were quoted at US$ 1215/ton. Prices of PX imported from the Taiwanese market moved down and were offered in the range of US$ 1225/ton to US$ 1230/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices rose and were quoted in the range of US$ 910/ton to US$ 915/ton. In the F E Asian market, PTA prices went up and were offered at US$ 890/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, PTA prices moved up and were offered in the range of RMB 6545/ton to RMB 6595/ton.
 
Ethylene prices kept stable in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1510/ton to US$ 1515/ton. In the F E Asian region, Ethylene prices kept inert and were quoted at US$ 1515/ton. In the US market, Ethylene prices kept stable and were quoted in the range of 75.50 cents/pound to 76.00 cents/pound. Ethylene prices stayed steady in the European international as well as in domestic markets and were quoted at US$ 1120/ton and € 910/ton, respectively.
 
MEG prices went up in the Asian region. In the S E Asian region, MEG prices plunged and were quoted at US$ 900/ton. In the Chinese international market, MEG prices went down and were offered in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 6440/ton to RMB 6490/ton.
 
In the S E Asian region, prices of BG PET Chips remained stable in the range of US$ 1265/ton to US$ 1305/ton, and some deals were concluded in the range of US$ 1275/ton to US$ 1315/ton. In the F E Asian market, selling offers kept inert in the range of US$ 1285/ton to US$ 1325/ton, while talked prices were quoted in the range of US$ 1295/ton to US$ 1335/ton. In the Chinese market, BG PET Chips prices stayed stable and were assessed in the range of RMB 8625/ton to RMB 8675/ton.
 
In the Korean market, prices of FG PET Chips kept steady and were assessed in the range of US$ 1110/ton to US$ 1120/ton. In the Indian market, FOB based prices hovered in the range of US$ 1130/ton to US$ 1160/ton. In the Chinese market, FG PET Chips prices dropped and were offered in the range of RMB 8300/ton to RMB 8350/ton.
 
PSF prices decreased in the Asian region. In the F E Asian market, PSF prices declined to US$ 1320/ton. In the S E Asian market, PSF selling prices plunged to US$ 1220/ton. In the Chinese domestic market, PSF prices decreased and were quoted in the range of RMB 9025/ton to RMB 9050/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY declined to RMB 9250/ton and RMB 9700/ton, respectively, while DTY prices kept inert at RMB 11300/ton. In the export market, offers for POY and FDY declined to US$ 1265/ton and US$ 1320/ton, respectively, whereas DTY prices kept inert at US$ 1555/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Textiles | On 19th Sep 2018

Punitive PRC tariffs on US goods has extra 5% on textiles

Responding to Washington’s latest duty increase in a dispute with...

Courtesy: Tecnorama

Textiles | On 19th Sep 2018

'Reliability & excellent quality are Tecnorama’s USP'

The complete reliability and excellent quality of Tecnorama systems...

Courtesy:  Stanislav Kondratiev on Unsplash

Apparel/Garments | On 19th Sep 2018

AAFA questions US tariffs on $200 bn Chinese goods

The American Apparel & Footwear Association (AAFA) has questioned...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Erik Sy,

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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 2018

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

news category


Related Categories:

Advanced Search