Global : Raw material prices in polyester value chain reverse falling trend

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Home / Knowledge / News / Textiles / Raw material prices in polyester value chain reverse falling trend

Raw material prices in polyester value chain reverse falling trend

11
Oct '11

Paraxylene (PX) price increased in Asian markets and was quoted at US$ 1580/ton. In S E Asian region, price stood in between US$ 1570/ton to US$ 1580/ton. In the F E Asian market, price hovered in the range of US$ 1575/ton to US$ 1585/ton. In Chinese market, price went down to near US$ 1580ton.

In S E Asia, PTA price shot up. In Chinese market, offer price hovered in between RMB 9725/ton to RMB 9750/ton. In Asian market, PTA price declined to in between US$ 1230/ton to US$ 1240/ton. PTA imported from Taiwanese market was quoted around US$ 1235/ton.

Ethylene price was firm at US$ 1050/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1045/ton to US$ 1055/ton. In European domestic market, price was in the range of € 925/ton to € 935/ton. In the N W European market Ethylene price was at US$ 1245/ton (on CIF base).

MEG price increased drastically at US$ 1250/ton to US$ 1255/ton. In Indian markets, price of MEG was stable in the range of US$ 1255/ton to US$ 1265/ton and in domestic Chinese market; price was in the range of RMB 9675/ton to RMB 9725/ton.

BGPET Chips price was stable in S E Asian region and was assessed between US$ 1725/ton to US$ 1745/ton. In F E Asian markets, selling offers were around US$ 1735/ton for export goods. In Chinese market BG PET Chip was at RMB 12500/ton.

FGPET Chips prices in Korean markets remained stable at US$ 1720/ton to US$ 1730/ton and in Indian market FOB based price was assessed in the range of US$ 1695/ton to US$ 1700/ton. In Chinese market FG PET Chip was at RMB 12400/ton to RMB 12500/ton.

PSF price declined in Asian market. PSF offers hovered in the range of US$ 1880/ton to US$ 1890/ton. In S E Asian market, PSF offers were around US$ 1890/ton. In Chinese domestic market, PSF offers were in the range of RMB 13000/ton to RMB 13050/ton.

Polyester yarn price was stable in Chinese domestic market. Offers for POY and FDY were at RMB 13650/ton and RMB 14000/ton. Selling offers for DTY were down to RMB 15850/ton. In export market offers for POY, FDY and DTY were at US$ 1870/ton, 1905/ton and US$ 2170/ton, respectively.

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Fibre2fashion News Desk - India

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