News Tags

Asian MEG marker touched 20 weeks high by posting a rise of US$27 a ton CFR China and CFR South East Asia in the last week of August. In China, spot offers moved up US$25 a ton on the week.

Mono ethylene glycol prices surged in Asian markets on higher futures and several futures and financial traders buying Yuan-denominated swaps to cover short H2 September and H1 October positions.

In Europe, MEG prices drifted despite bullishness in Asia. Contract pricing headed for a double settlement for August and was likely to settle along with an initial settlement for September.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

In Qianqing, PC (65/35) 32s yarn prices were down US cent 1 a kg in the last week of August while 45s PC combed yarn prices were stable on the week. 32s PV (65/35) rolled over during the week.

Blended yarn prices were generally stable taking cue from minor changes in manmade fibre prices while cotton prices still edged lower. Manmade fiber prices in China were relatively stable with polyester flat and viscose rising mildly on the week. However, import prices were still below domestic prices for blended yarns.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

In Shengze, offers for 32s and 45s polyester yarn were stable in the fourth week of August. In Qiangqing, offers for 32s weaving were steady during the week.

Spun polyester yarn prices were relatively stable amid thin transaction in China while offers for some specs were lowered somewhat, and producers did not sell in large batches. Markets weakened with limited deals concluded that week.

Meanwhile, spinning mills in Hangzhou were shut for G20 summit limiting logistics and transportation. In other regions, traders and downstream producers held rigid demand for yarns.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA markers edged down US$2 a ton CFR China and CFR Southeast Asia in the fourth week of August. The South Korea/Taiwan marker was also down on the week. In China, offers for nearby-month goods were maintained at US$610-615 a ton that week, and buyers countered offers was at US$605 a ton, with the discussion stalemated. Purified terephthalic acid prices were stable to low in thinly traded week. Most PTA plants in China were shut ahead of G20 Summit in early September, thus deals were low and sporadic.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Asian MEG marker recovered US$24 a ton CFR China and CFR South East Asia in the last week of August. In China, spot offers increased US$10 a ton during the week. Mono ethylene glycol prices in Asian market declined opening the week, but later recovered day on day to post the fourth weekly gain.

Spot rose on firming futures and short covering by several major traders actively buying physical cargoes, particularly during the latter half of the week, to cover H1 and H2 September swap and physical positions.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

In Qianqing, PC (65/35) 32s yarn prices were down US cent 1 a kg in the last week of August while 45s PC combed yarn prices were stable on the week. 32s PV (65/35) were unchanged during the week. Blended yarn markets were ruled by fibre prices as demand remained insipid amid no supply constraint. However, a stronger US$ pegged prices in US$ terms a tad lower while local markets pricing mostly remained unchanged.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

In Shengze, offers for 32s polyester yarn fell US cents 2 a kg in the third week of August, and 45s were stable during the week. In Qiangqing, offers for 32s weaving were down US cents 2 a kg on the week.

Spun polyester yarn offers were lowered somewhat in China, but demand was lackluster as a whole. Offers for polyester yarns in Shengze were stable to weak amid flat transaction, with some sporadic numbers slightly lower. Meanwhile, PSF prices were stable that week. Spun yarn producers replenished inventories before shutdown due to the G20 summit.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA markers inched up US$3 a ton CFR China and CFR Southeast Asia in the third week of August. In China, offers for nearby-month goods picked up slightly to US$610-615 a ton, with limited deals within this range.

Purified terephthalic acid markets were almost calm early in the week and saw prices inching up on last two days in line with firmer upstream markets. Demand from India reportedly slowed down.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Asian MEG marker gained US$13 a ton CFR China and CFR South East Asia in the third week of Asia. In China, spot offers were up US$10 a ton during the week. MEGlobal nominated Asian contract price for September, flat from last month.

Mono ethylene glycol prices jumped in Asia on bullish crude, futures and persistent short covering by major traders. Several traders were buying cargoes to cover both H1 and H2 September physical positions. In China, MEG market was pulled up midweek by tight spot supplies and continuous rise in crude oil prices.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

In Qianqing, PC (65/35) 32s yarn prices US cent 1 a kg in the third week of August while 45s PC combed yarn prices were stable during the week. 32s PV (65/35) were flat on the week.

Blended yarn prices changed course in line with the movement in fibre prices. PC yarns prices in China were adjusted lower for some specs and in line with a new fall of cotton prices. PV yarn prices remained firm as VSF prices continued to move up while PSF remain stably firm.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices