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PX, PTA & ethylene trends dip, PSF stable
Oct '11
Paraxylene (PX) price went down in Asian markets to US$ 1605/ton. In S E Asian region, price was quoted in between US$ 1600/ton to US$ 1610/ton. In the F E Asian market, price hovered in the range of US$ 1600/ton to US$ 1605/ton. In Chinese market, price went down near US$ 1605ton.

In S E Asia, PTA price fell. In Chinese market, offer price hovered in between RMB 9275/ton to RMB 9325/ton. In Asian market, PTA price declined in between US$ 1195/ton to US$ 1205/ton. PTA imported from Taiwanese market was quoted around US$ 1200/ton.

Ethylene price descended to US$ 1060/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1060/ton to US$ 1065/ton. In European domestic market, price was in the range of € 925/ton to € 935/ton. Imported MEG (FD N W E base) was in between US$ 1245/ton to US$ 1250/ton.

MEG price remain unchanged at US$ 1225/ton to US$ 1230/ton. In Indian markets, price of MEG declined in the range of US$ 1230/ton to US$ 1235/ton and in domestic Chinese market; price was in the range of RMB 9275/ton to RMB 9325/ton.

BGPET Chips price was stable in S E Asian region and was assessed between US$ 1765/ton to US$ 1775/ton. In F E Asian markets, selling offers were around US$ 1775/ton for export goods. In Chinese market BG PET Chip was at RMB 12700/ton.

FGPET Chips prices in Korean markets remained stable at US$ 1725/ton to US$ 1735/ton and in Indian market FOB based price was assessed in the range of US$ 1700/ton to US$ 1710/ton. In Chinese market FG PET Chip was at RMB 12700/ton to RMB 12900/ton.

PSF price remained stable in Asian market. PSF offers hovered in the range of US$ 1930/ton to US$ 1940/ton. In S E Asian market, PSF offers were around US$ 1935/ton. In Chinese domestic market, PSF offers were in the range of RMB 13300/ton to RMB 13500/ton.

Polyester yarn price was stable in Chinese domestic market. Offers for POY and FDY were at RMB 13800/ton and RMB 14250/ton. Selling offers for DTY were down to RMB 15950/ton. In export market offers for POY, FDY and DTY were at US$ 1890/ton, 1945/ton and US$ 2185/ton, respectively.

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Fibre2fashion News Desk - India

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