Home / Knowledge / News / Textiles / PTA & MEG prices show downtrend in Southeast Asia
PTA & MEG prices show downtrend in Southeast Asia
28
Oct '14
Paraxylene (PX) prices showed mixed trend in Asian markets. In the S E Asian region, PX prices kept inert and were offered in the range of US$ 1065/ton to US$ 1070/ton. In the F E Asian market, PX prices decreased and were quoted at US$ 1050/ton. Prices of PX imported from the Taiwanese market inched up and were offered in the range of US$ 1070/ton to US$ 1075/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 805/ton to US$ 810/ton. In the F E Asian market, PTA prices plunged and were offered at US$ 785/ton. Prices of PTA imported from the Taiwanese market increased and were quoted in the range of US$ 790/ton to US$ 795/ton. In the Chinese domestic market, PTA prices kept inert and were offered in the range of RMB 5645/ton to RMB 5695/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices kept stable and were assessed in the range of US$ 1275ton to US$ 1280/ton. In the F E Asian region, Ethylene prices stayed steady and were quoted at US$ 1295/ton. In the US market, Ethylene prices plunged and were quoted in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices kept inert in the European international market and were quoted at US$ 1180/ton, while prices went down in the domestic market and were quoted at € 965/ton.
 
MEG prices dropped in Asian markets. In the S E Asian region, MEG prices declined and were quoted at US$ 855/ton. In the Chinese international market, MEG prices increased and were assessed in the range of US$ 850/ton to US$ 855/ton. In the Chinese domestic market, MEG prices fell and were assessed in the range of RMB 6145/ton to RMB 6195/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1130/ton to US$ 1170/ton, and some deals were concluded in the range of US$ 1140/ton to US$ 1180/ton. In the F E Asian market, selling offers kept unchanged in the range of US$ 1150/ton to US$ 1190/ton, while talked prices were quoted in the range of US$ 1160/ton to US$ 1200/ton. In the Chinese market, BG PET Chips prices went up and were assessed in the range of RMB 8075/ton to RMB 8125/ton.
 
In the Korean market, prices of FG PET Chips stayed steady and were assessed in the range of US$ 1000/ton to US$ 1040/ton. In the Indian market, FOB based prices were in the range of US$ 1010/ton to US$ 1050/ton. In the Chinese market, FG PET Chips prices kept inert and were offered in the range of RMB 7500/ton to RMB 7550/ton.
 
PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices kept steady at US$ 1215/ton. In the S E Asian market, PSF selling prices remained stable at US$ 1115/ton. In the Chinese domestic market, PSF prices kept unchanged and were quoted in the range of RMB 8300/ton to RMB 8325/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 8750/ton, RMB 10650/ton and RMB 8800/ton, respectively. In the export market, offers for POY kept inert at US$ 1195/ton, while DTY and FDY prices went up to US$ 1465/ton and US$ 1190/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 24th Jun 2021

US-PRC trade war jolts cost global value chains 3-5 yrs of growth: UN

Trade shocks induced by the tariff battle between the United States...

Pic: Shutterstock

Apparel/Garments | On 24th Jun 2021

Argentina hopes to upgrade ties with Vietnam to strategic partnership

Argentina's new ambassador to Vietnam Luis Pablo Maria Beltramino has ...

Pic: JHVEPhoto / Shutterstock.com

Fashion | On 23rd Jun 2021

PVH Corp to sell Van Heusen, Arrow brand trademarks to ABG

US’ clothing firm PVH Corp has entered into a definitive agreement to ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Amanda Cioletti,

Amanda Cioletti

The entertainment/character segment lead as the largest sector for the...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

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

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

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


June 2021

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


Advanced Search