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PTA, ethylene, MEG & FGPET chip prices dip
17
Oct '11
Paraxylene (PX) price was range bound in Asian markets and stood at US$ 1615/ton. In S E Asian region, price was quoted in between US$ 1610/ton to US$ 1615/ton. In the F E Asian market, price hovered in the range of US$ 1615/ton to US$ 1620/ton. In Chinese market, price went down near US$ 1620ton.

In S E Asia, PTA price declined marginally. In Chinese market, offer price hovered in between RMB 9475/ton to RMB 9550/ton. In Asian market, PTA price fell in between US$ 1235/ton to US$ 1240/ton. PTA imported from Taiwanese market was quoted around US$ 1235/ton.

Ethylene price further declined to US$ 1045/ton, in S E Asian market. In F E Asian market, price was in the range of US$ 1040/ton to US$ 1045/ton. In European domestic market, price was in the range of € 920/ton to € 930/ton.

In the N W European market Ethylene price was at US$ 1245/ton (on CIF base). In U.S.A market, Ethylene price was in the range of 48.25 cents/pound to 48.75 cents/pound.

MEG price opened with bearish sentiment at US$ 1225/ton to US$ 1230/ton. In Indian markets, price of MEG declined in the range of US$ 1230/ton to US$ 1240/ton and in domestic Chinese market; price was in the range of RMB 9350/ton to RMB 9450/ton.

BGPET Chips price dipped in S E Asian region and was assessed between US$ 1720/ton to US$ 1730/ton. In F E Asian markets, selling offers were around US$ 1725/ton for export goods. In Chinese market BG PET Chip was at RMB 12400/ton.

FGPET Chips prices in Korean markets dropped to US$ 1715/ton to US$ 1725/ton and in Indian market, FOB based price was assessed in the range of US$ 1685/ton to US$ 1690/ton. In Chinese market FG PET Chip was at RMB 12350/ton to RMB 12450/ton.

PSF price was stable in Asian market. PSF offers hovered in the range of US$ 1880/ton to US$ 1885/ton. In S E Asian market, PSF offers were around US$ 1885/ton. In Chinese domestic market, PSF offers were in the range of RMB 13000/ton to RMB 13050/ton.

Polyester yarn price declined marginally in Chinese domestic market. Offers for POY and FDY were at RMB 13600/ton and RMB 13900/ton. Selling offers for DTY were down to RMB 15850/ton. In export market offers for POY, FDY and DTY were at US$ 1855/ton, 1885/ton and US$ 2165/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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