Rising in paraxylene prices did not help polyester fibre

News Tags: ethylene price, MEG price, paraxylene price, Pet price, polyester chip price, polyester fibre price, polyester filament price, PTA price

Mumbai
Rising in paraxylene prices
Summary: 
Demand for paraxylene has apparently rebounded a bit in the week of 21 March and prices were up in Asian markets. Hwever, in Europe paraxylene spot price was assessed down as the market was in bad shape, no demand and prices low.

Demand for paraxylene has apparently rebounded a bit in the week of 21 March and prices were up in Asian markets. Hwever, in Europe paraxylene spot price was assessed down as the market was in bad shape, no demand and prices low. Purified terephthalic acid, a derivative of paraxylene, saw prices rising in Asia amid operating rate cuts by Chinese PTA producers and cost support. The markets warmed up a little and offers for cargoes were maintained above previous week’s level. In Europe, production rates for PTA increased recently, but were still low as demand remained weak.

Yarnsandfibres.com
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Garmon Chemicals leads sustainable brand-driven innovation with its new course, unveiled at the Kingpins Show Amsterdam  
  24 Apr , 2018 Read full story  
New loyalty program launched to reward Cotton On Group customers  
  24 Apr , 2018 Read full story  
Request sought for removal of market cess by waste cotton traders  
  24 Apr , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button