Home / Knowledge / News / Textiles / PTA & MEG prices decline in Chinese domestic market
PTA & MEG prices decline in Chinese domestic market
29
Oct '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices went down and were offered in the range of US$ 1050/ton to US$ 1055/ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1035/ton. Prices of PX imported from the Taiwanese market went down and were offered in the range of US$ 1065/ton to US$ 1070/ton.
 
PTA prices went up in the Asian region. In the S E Asian market, PTA prices inched up and were quoted in the range of US$ 810/ton to US$ 815/ton. In the F E Asian market, PTA prices increased and were offered at US$ 790/ton. Prices of PTA imported from the Taiwanese market moved down and were quoted in the range of US$ 780/ton to US$ 785/ton. In the Chinese domestic market, PTA prices dropped and were offered in the range of RMB 5595/ton to RMB 5645/ton.
 
Ethylene prices kept stable in Asian markets. In the S E Asian market, Ethylene prices kept inert and were assessed in the range of US$ 1275ton to US$ 1280/ton. In the F E Asian region, Ethylene prices kept steady and were quoted at US$ 1295/ton. In the US market, Ethylene prices kept inert and were quoted in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices remained stable in the European international market and were quoted at US$ 1180/ton, while prices decreased in the domestic market to € 960/ton.
 
MEG prices plunged in Asian markets. In the S E Asian region, MEG prices declined and were quoted at US$ 840/ton. In the Chinese international market, MEG prices fell and were assessed in the range of US$ 845/ton to US$ 850/ton. In the Chinese domestic market, MEG prices dipped and were assessed in the range of RMB 6000/ton to RMB 6050/ton.
 
In the S E Asian region, prices of BG PET Chips kept stable 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 remained 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 decreased and were assessed in the range of RMB 8050/ton to RMB 8100/ton.
 
In the Korean market, prices of FG PET Chips kept stable 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 steady 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 kept inert 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 steady at RMB 8750/ton, RMB 10650/ton and RMB 8800/ton, respectively. In the export market, offers for POY, DTY and FDY kept inert at US$ 1195/ton, US$ 1465/ton and US$ 1190/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Varinder Singh Jawanda, Trendy Bharat

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

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

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch 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