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Asian MEG markers were up US$5 a ton CFR China and CFR South East Asia in the third week of April. In China, central values surged US$30 a ton amid moderate buying interest.

Mono ethylene glycol prices in Asian markets were up on week on firmer crude and despite a day-on-day decline on Friday while downstream PET run rates were healthy.

In China, MEG market continued to rebound that week. However, the upward momentum was cut down significantly, as oil-producing countries did not reach a consensus on output freeze.

Sinopec's April MEG contract price was however, down from March.

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Blended yarn prices rolled over in China and Pakistan in the third week of April while they inched up in India on demand supply fundamentals.

In India, PV yarn prices inched up on recent upward revision in VSF and PSF prices while polyester-cotton rose on firmness in cotton prices. 30s (65/35) PV warp yarn prices gained another INR1 a kg (up US cents 2) in the third week of April in Indore market. In Ludhiana, PC 30s (52/48) prices increased INR2 a kg (up US cents 3).

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In Shengze, offers for 32s polyester yarn fell US cents 2 a kg in the second week of April and 45s were down US cents 4 a kg. In Qiangqing, offers for 32s were stable during the week.

Spun polyester yarns markets were stable amid moderate enquiries and sales. However, offers moderated somewhat in Shengze while they were stable in Qiangqing amid scarce demand and no bulk deals.

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 were up US$5-8 a ton CFR China and CFR Southeast in the second week of April. In China, trading values inched down US$8 a ton, while the sales volume expanded. Yisheng Petrochemical issued daily cash-based price for PTA was unchanged.

Purified terephthalic acid prices rose steadily day on day ahead of plant shutdowns and firmer paraxylene cost. India’s Reliance Industries shuts its two plants amid water woes while it sees June as the earliest possible month to startup its new aromatics plant at Jamnagar.

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

Asian MEG markers were up US$5 a ton CFR China and CFR South East Asia in the second week of April.

Mono ethylene glycol prices declined sharply opening the week but regained later on higher futures, rising crude and emerging demand.

Prices would have been higher if not for some late-week short positions taken by several Chinese futures traders, reports said. Saudi Kayan Petrochemical completed the maintenance of its MEG unit, thus resuming supplies.

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

In India, 30s (65/35) PV warp yarn prices in the second week of April gained INR2 a kg (up US cents 3) in Indore market. In Ludhiana, PC 30s (52/48) prices rolled over during the week.

The recent hikes in PSF and VSF price in India, pushed PV prices up that week in Indore market while demand was still weak. Meanwhile cotton prices also gained substantially, but PC market was yet to react as prices rolled over, implying that they might rise in coming weeks. Spinners will tend to pass-on cost if demand remains firm.

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

Asian MEG markers declined US$39 a ton CFR China and CFR South East Asia in the first week of April.

Mono ethylene glycol prices in Asian markets fell throughout the week on aggressive selling and weak June futures. Bearish sentiment drove bids lower on weekend.

In China, MEG market retreated significantly as sales/production in downstream polyester was mute during the Tomb-sweeping Day holiday.

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 stable in the first week of April while 45s PC combed yarn prices declined on the week. In China, blended spun yarn prices slightly declined in the week in line with a fresh drop in cotton and recent fall in polyester values.

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

In Shengze, offers for 32s polyester yarn were down US cents 2 a kg, and 45s were stable in the last week of March. In Qiangqing, offers for 32s remained unchanged during the week.

Offers for spun polyester yarns in China weakened slightly amid flat downstream demand. 45s saw better sales among other specs.

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 jumped US$10 a ton CFR China and CFR Southeast in the last week of March. By weekend, mainstream offers were between US$625-630 a ton, with discussions at US$615-620 a ton. Yisheng Petrochemical issued daily cash-based price for PTA unchanged at US$612-635 a ton.

Purified terephthalic acid prices jumped on firm upstream and PTA futures while unexpected shutdown supported the push. China's Hanbang unexpectedly shuts its new 2.2 million ton a year PTA plant.

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