Home / Knowledge / News / Textiles / Asian PX on rebound. PTA trends not optimistic

Asian PX on rebound. PTA trends not optimistic

17
Jun '10
Once the Chinese market reopened, Asian Paraxylene market rebounded. PX imported from South Korea was offered at US $905/ton, and in S E Asian markets it stood at around $925/ton. In the Chinese domestic market, price was in the range of RMB 9700-9850/ton.

Current domestic and international PTA market trends were not optimistic due to macroeconomic situation as PTA industry has entered off-season demand. In the Chinese domestic market, price surged to RMB 7250/ton while imported PTA was offered around $845-850/ton.

Ethylene prices are on the verge of rebound and were assessed mainly in the range of $900-905/ton in S E Asian market, while in F E Asian markets price was around $925/ton but recently demand from LLDPE Market could push the price up, according to experts.

MEG offers increased to $730-740/ton for imported goods, but counteroffers prevailed in the range of $720-725/ton in the Chinese markets. In the S E Asian market offers hovered around $715-725/ton as firm demand continued.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 5th Apr 2020

Buyers, suppliers need to find midway: Apparel exporters

Apparel manufacturers and exporters in India feel that they should...

Pic: Shutterstock

Textiles | On 4th Apr 2020

Textile-garment, retail sectors bear enduring pandemic

Extended store closures, many factories halting operations due to...

Pic: Kristi Blokhin / Shutterstock.com

Textiles | On 4th Apr 2020

World Bank Group launches 1st operations for COVID-19

The World Bank’s board of executive directors yesterday approved a...

Interviews View All

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Puneet Jain & Yatin Jain,

Puneet Jain & Yatin Jain

Odhni is an indutva or ethnicwear brand started in 1999 by the Jain...

Marco Girola,

Marco Girola

With its commitment to innovation and deep technical expertise,...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

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

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