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PTA & MEG trends ascend, PX descends
02
Dec '11
Paraxylene (PX) prices went down, in Asian markets. In Asian market PX prices inclined to US$ 1390/ton. In F E Asian and S E Asian region, PX prices were in between US$ 1385/ton to US$ 1390/ton. PX imported from Taiwanese market was quoted around US$ 1385/ton.

In Asian markets, PTA price went up. In F E Asian and S E Asian region, PTA prices were in between US$ 1070/ton to US$ 1075/ton. PTA imported from Taiwanese market was quoted around US$ 1075/ton. In Chinese domestic market, PTA price marked in between RMB 8300/ton to RMB 8400/ton.

In S E Asian market, Ethylene price shot up in the range of US$ 1075/ton to US$ 1085/ton. In F E Asian market, price was in the range of US$ 1080/ton to US$ 1085/ton. In European domestic market, price was in the range of € 885/ton to € 890/ton. In N W European market, Ethylene price was at US$ 1160/ton (on CIF base). In U.S.A market, Ethylene price was in the range of 50.50 cents/pound to 51.50 cents/pound.

MEG price went up in S E Asian markets with support of upstream. MEG was offered in the range of US$ 1070/ton to US$ 1080/ton. In Chinese domestic market, MEG price was in the range of RMB 8100/ton to RMB 8200/ton. In European market, MEG was around US$ 1010/ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1545/ton to US$ 1555/ton. In F E Asian markets, selling offers were around US$ 1550/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 11000/ton.

In Korean markets, FG PET Chips prices was in the range of US$ 1400/ton to US$ 1410/ton and in Indian market, FOB based price was assessed in the range of US$ 1405/ton to US$ 1420/ton. In Chinese market, FG PET Chip hovered at RMB 9900/ton to RMB 10000/ton.

PSF price was range bound, in Asian market. PSF offers hovered in the range of US$ 1525/ton to US$ 1535/ton. In S E Asian market, PSF offers were around US$ 1535/ton. In Chinese domestic market, PSF offers were stable in the range of RMB 10650/ton to RMB 10750/ton.

Polyester POY prices in Chinese domestic market inclined slowly. POY price went up to RMB 11500/ton. FDY and DTY selling offers were at to RMB 11800/ton RMB 13000/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1560/ton, US$ 1585/ton and US$ 1755/ton, respectively.

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Fibre2fashion News Desk - India

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