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PX prices climb, PSF dips sharply
18
Oct '11
Paraxylene (PX) price went up in Asian markets and stood at US$ 1620/ton. In S E Asian region, price was quoted in between US$ 1615/ton to US$ 1620/ton. In the F E Asian market, price hovered in the range of US$ 1610/ton to US$ 1620/ton. In Chinese market, price went down to near US$ 1620ton.

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

Ethylene price remained stable at 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 stabilized around US$ 1225/ton to US$ 1230/ton. In Indian markets, price of MEG was 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 was stable 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 was stable at 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 declined sharply in Asian market. PSF offers hovered in the range of US$ 1850/ton to US$ 1855/ton. In S E Asian market, PSF offers were around US$ 1855/ton. In Chinese domestic market, PSF offers were in the range of RMB 12800/ton to RMB 12850/ton.

Polyester yarn price declined marginally in Chinese domestic market. Offers for POY and FDY were at RMB 13550/ton and RMB 13850/ton. Selling offers for DTY were down to RMB 15800/ton. In export market offers for POY, FDY and DTY were at US$ 1850/ton, 1875/ton and US$ 2155/ton, respectively.

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Fibre2fashion News Desk - India

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