Home / Knowledge / News / Textiles / PX, PTA & MEG prices show uptrend in Far East Asia
PX, PTA & MEG prices show uptrend in Far East Asia
11
Nov '14
Paraxylene (PX) prices went up in Asian markets. In the S E Asian region, PX prices increased and were offered in the range of US$ 1035/ton to US$ 1040/ton. In the F E Asian market, PX prices surged and were quoted at US$ 1020/ton. Prices of PX imported from the Taiwanese market went up and were offered in the range of US$ 1000/ton to US$ 1005/ton.
 
PTA prices went up in the Asian region. In the S E Asian market, PTA prices increased and were quoted in the range of US$ 790/ton to US$ 795/ton. In the F E Asian market, PTA prices went up and were offered at US$ 770/ton. Prices of PTA imported from the Taiwanese market inched up and were assessed in the range of US$ 745/ton to US$ 750/ton. In the Chinese domestic market, PTA prices went up and were offered in the range of RMB 5460/ton to RMB 5510/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$ 1255/ton to US$ 1260/ton. In the F E Asian region, Ethylene prices remained unchanged and were quoted at US$ 1220/ton. In the US market, Ethylene prices went down and were quoted in the range of 50.00 cents/pound to 50.50 cents/pound. Ethylene prices moved up in the European international market to US$ 1190/ton, while they declined in the domestic market to € 950/ton.
 
MEG prices shot up in Asian markets. In the S E Asian region, MEG prices went up and were quoted at US$ 860/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 830/ton to US$ 835/ton. In the Chinese domestic market, MEG prices kept inert in the range of RMB 6365/ton to RMB 6415/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1145/ton to US$ 1185/ton, and some deals were concluded in the range of US$ 1155/ton to US$ 1195/ton. In the F E Asian market, selling offers kept stable in the range of US$ 1165/ton to US$ 1205/ton, while talked prices were quoted in the range of US$ 1175/ton to US$ 1215/ton. In the Chinese market, BG PET Chips prices increased and were assessed in the range of RMB 7950/ton to RMB 8000/ton.
 
In the Korean market, prices of FG PET Chips kept inert and were assessed in the range of US$ 1015/ton to US$ 1055/ton. In the Indian market, FOB based prices hovered in the range of US$ 1025/ton to US$ 1065/ton. In the Chinese market, FG PET Chips prices increased and were offered in the range of RMB 7200/ton to RMB 7250/ton.
 
PSF prices went up in the Asian region. In the F E Asian market, PSF prices increased to US$ 1180/ton. In the S E Asian market, PSF selling prices surged to US$ 1080/ton. In the Chinese domestic market, PSF prices went up and were quoted in the range of RMB 8075/ton to RMB 8100/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY went up to RMB 8600/ton and RMB 10550/ton, respectively, while FDY prices kept inert at RMB 8600/ton. In the export market, offers for POY and DTY moved up to US$ 1170/ton and US$ 1445/ton, respectively, while FDY prices kept inert at US$ 1155/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jun 2021

UK, US strike deal on Airbus-Boeing tariff dispute

The United Kingdom has struck a deal with the United States on the...

Pic: Shutterstock

Textiles | On 18th Jun 2021

Bangladesh can save $500 mn annually by recycling cotton waste: CFP

Bangladesh's garment industry can reduce its annual spending by $0.5...

Pic: Shutterstock

Textiles | On 18th Jun 2021

Prime Content| Caprolactam price in Chinese market to rise moderately in 2021: TexPro

Price of caprolactam in Chinese market is expected to rise moderately ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Emmi Berlin,

Emmi Berlin

With the support of the first investors - Finland's Technical Research...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

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

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

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

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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