Home / Knowledge / News / Textiles / PX & PTA prices rebound. Ethylene falls further

PX & PTA prices rebound. Ethylene falls further

28
May '10
PX prices in the Asian market bounced back to US $917 / ton. In Korean market it was quoted at around $915-920 / ton; while goods from Taiwanese ports were around $930 / ton. In Rotterdam, price was $917 / ton while in US market it was around $910 / ton.

PTA prices too bounced back, in Asian market in tandem with upstream. Initially offered price surged to $845-850 / ton. Korean cargoes were still traded around $845-855 / ton. In Chinese spot market, prices bounced to level of RMB 7,300 / ton.

Ethylene prices however went down further in N E Asian markets to close at $1,025 / ton. In S E Asia, the prices too reduced by $60 / ton to $1,015-1,020 / ton. In European market ethylene price was in the range of $1,120-1,125 / ton.

MEG prices remained unchanged. Experts believed that very soon it may follow the path of upstream in tandem with allied polyester raw material. Current price hovered in the range of $740-745 / ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 31st Mar 2020

UN calls for $2.5-trn rescue package for developing world

The COVID-19 pandemic will drive the world economy into recession...

Pic: Shutterstock

Textiles | On 31st Mar 2020

India to extend foreign trade policy, schemes till Sep 30

India will reportedly extend the existing foreign trade policy...

Pic: Shutterstock

Textiles | On 31st Mar 2020

Bangladesh seeks $1 bn from IMF, WB to face COVID-19

Bangladesh has recently sought $1 billion in support from the...

Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Rahuul Jashnani, Jashn

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Top executives, Textile industry

Top executives
Textile industry

Sustainable fashion is also ‘slow fashion’

Carmen Silla,

Carmen Silla

Leading the transformation of the textiles industry with disruptive...

Fiorella Cattelan,

Fiorella Cattelan

With flexibility and versatility, Dettin strives to meet the specific...

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

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

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


March 2020

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


Advanced Search