Home / Knowledge / News / Textiles / PTA, MEG & PSF prices decline in Chinese domestic market
PTA, MEG & PSF prices decline in Chinese domestic market
10
Oct '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices inched down and were offered in the range of US$ 1150/ton to US$ 1155/ton. In the F E Asian market, PX prices decreased and were quoted at US$ 1135/ton. Prices of PX imported from the Taiwanese market plunged and were offered in the range of US$ 1165/ton to US$ 1170/ton.
 
PTA prices decreased in the Asian region. In the S E Asian market, PTA prices dropped and were quoted in the range of US$ 865/ton to US$ 870/ton. In the F E Asian market, PTA prices fell and were offered at US$ 845/ton. Prices of PTA imported from the Taiwanese market kept inert and were quoted in the range of US$ 885/ton to US$ 890/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 6070/ton to RMB 6120/ton.
 
Ethylene prices kept unchanged in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1500ton to US$ 1505/ton. In the F E Asian region, Ethylene prices stayed steady and were quoted at US$ 1490/ton. In the US market, Ethylene prices increased and were quoted in the range of 69.50 cents/pound to 70.00 cents/pound. Ethylene prices stayed inert in the European international market at US$ 1175/ton, while they increased in the domestic market to € 985/ton.
 
MEG prices remained stable in Asian markets. In the S E Asian region, MEG prices were unchanged and were quoted at US$ 855/ton. In the Chinese international market, MEG prices kept unaltered and were assessed in the range of US$ 845/ton to US$ 850/ton. In the Chinese domestic market, MEG prices fell down in the range of RMB 5985/ton to RMB 6035/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1220/ton to US$ 1260/ton, and some deals were concluded in the range of US$ 1230/ton to US$ 1270/ton. In the F E Asian market, selling offers kept unchanged in the range of US$ 1240/ton to US$ 1280/ton, while talked prices were quoted in the range of US$ 1250/ton to US$ 1290/ton. In the Chinese market, BG PET Chips’ prices decreased and were assessed in the range of RMB 8350/ton to RMB 8400/ton.
 
In the Korean market, prices of FG PET Chips remained stable and were assessed in the range of US$ 1080/ton to US$ 1100/ton. In the Indian market, FOB based prices hovered in the range of US$ 1090/ton to US$ 1130/ton. In the Chinese market, FG PET Chips’ prices decreased and were offered in the range of RMB 7925/ton to RMB 7975/ton.
 
PSF prices inched down in the Asian region. In the F E Asian market, PSF prices declined to US$ 1265/ton. In the S E Asian market, PSF selling prices plunged to US$ 1165/ton. In the Chinese domestic market, PSF prices decreased and were quoted in the range of RMB 8650/ton to RMB 8675/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY plunged to RMB 8900/ton, RMB 11000/ton and RMB 9150/ton, respectively. In the export market, offers for POY, DTY and FDY plunged to US$ 1215/ton, US$ 1510/ton and US$ 1240/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Philippines wearable industry expects 20% export growth

Apparel/Garments | On 17th Aug 2018

Philippines wearable industry expects 20% export growth

The combined export growth of textile, garments and other wearable...

Talks on new minimum wage for next year start in Cambodia

Apparel/Garments | On 17th Aug 2018

Talks on new minimum wage for next year start in Cambodia

The Cambodian labour ministry and relevant stakeholders recently...

Boost research to double yield: Indian Cotton Federation

Textiles | On 17th Aug 2018

Boost research to double yield: Indian Cotton Federation

Despite India being the world’s largest producer of cotton for three...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

Himanshu Jariwala

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

Urmil Arya

Sushila International, a well established textile organisation established ...

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Varsha Wadhwa
VW

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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


August 2018

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

news category


Related Categories:

Advanced Search