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Raw material prices across polyester value-chain rise
06
Dec '11
Paraxylene (PX) prices inclined in Asian markets and surged towards US$ 1400/ton. In F E Asian and S E Asian region, PX prices were in between US$ 1395/ton to US$ 1400/ton. PX imported from Taiwanese market was quoted around US$ 1395/ton.

In Asian markets, PTA prices were range bound. 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 remained firm between RMB 8450/ton to RMB 8550/ton.

In S E Asian market, Ethylene price was stable 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 bounced back in S E Asian markets and was offered in the range of US$ 1070/ton to US$ 1075/ton. In Chinese domestic market, MEG price was in the range of RMB 8300/ton to RMB 8400/ton. In European market, MEG was around US$ 1000/ton.

In S E Asian region, BG PET Chips price went up to in the range of US$ 1560/ton to US$ 1570/ton. In F E Asian markets, selling offers were around US$ 1560/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 11000/ton.

In Korean markets, FG PET Chips price was in the range of US$ 1425/ton to US$ 1435/ton and in Indian market, FOB based price was assessed in the range of US$ 1435/ton to US$ 1440/ton. In Chinese market, FG PET Chip hovered at RMB 10100/ton to RMB 10400/ton.

PSF price went up, in Asian market and offers hovered in the range of US$ 1565/ton to US$ 1575/ton. In S E Asian market, PSF offers were around US$ 1565/ton. In Chinese domestic market, PSF offers rose in the range of RMB 10850/ton to RMB 10900/ton.

Polyester POY prices in Chinese domestic market inclined slowly. POY price went up to RMB 11650/ton. FDY and DTY selling offers were at RMB 12100/ton RMB 13100/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1580/ton, US$ 1630/ton and US$ 1770/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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