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Ethylene & PSF prices up, polyester yarn stable
02
Aug '11
Paraxylene price shot up high in Asian market and hovered around US$ 1625/ton. In S E Asian region, price was quoted in between US$ 1620/ton to US$ 1630/ton. In the F E Asian market, price hovered in the range of US$ 1625/ton to US$ 1635/ton. In Chinese market, price went down to US$ 1630/ton.

In S E Asia, PTA price remained firm around US$ 1250/ton. In Chinese market, PTA trading price hovered around RMB 9750/ton but offer price hovered in between RMB 9725/ton to RMB 9775/ton. In Asian market, PTA price remained range bound in between US$ 1245/ton to US$ 1255/ton.

Ethylene price went up to US$ 1195/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1190/ton to US$ 1200/ton. In European domestic market, price went up by approximately € 10/ton, in the range of € 1010/ton to € 1020/ton. In U.S.A market selling offers for Ethylene was in the range of 63.75 cents/pound to 64.25 cents/pound.

MEG price remained stable in S E Asian region. Price hovered mainly in the range of US$ 1285/ton to US$ 1295/ton. In Indian markets, price of MEG increased to around US$ 1285/ton to US$ 1290/ton and in domestic Chinese market, MEG price was in the range of RMB 9900/ton to RMB 10000/ton.

BGPET Chips price remained stable in S E Asian region and was assessed between US$ 1660/ton to US$ 1670/ton. In F E Asian markets, selling offers were around US$ 1665/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12650/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1580/ton to US$ 1600/ton and in Indian market; it was assessed in the range of US$ 1600/ton to US$ 1610/ton. In Chinese market FG PET Chip was at RMB 12600/ton to RMB 12700/ton.

PSF price went up, in N E Asian market; offers hovered around US$ 1890/ton to US$ 1900/ton. In S E Asian market, PSF offers were around US$ 1895/ton. In Chinese domestic market PSF offers were at RMB 13000/ton.

Polyester yarn prices in Chinese domestic market were stable. Offers for POY and FDY were at RMB 14300/ton and RMB 14350/ton. Selling offers for DTY were stable around RMB 16050/ton. In export market offers for POY, FDY and DTY were respectively at US$ 1935/ton, 1930/ton and US$ 2170/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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