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Ethylene trends continue rising, PTA & PSF stable
15
Feb '12
Paraxylene (PX) price remained stable in Asian markets at around US$ 1640/ton. In S E Asian market, PX prices were at US$ 1635/ton. In F E Asian region, PX prices were in between US$ 1635/ton to US$ 1640/ton. PX imported from Taiwanese market remained unchanged at US$ 1635/ton.

In Asian markets, PTA price remained stable. In F E Asian and S E Asian region, PTA prices were in between US$ 1200/ton to US$ 1210/ton. PTA imported from Taiwanese market was quoted around US$ 1205/ton. In Chinese domestic market, PTA price was around RMB 9150/ton to RMB 9200/ton.

In S E Asian market, Ethylene price increased further in the range of US$ 1220/ton to US$ 1225/ton. In F E Asian market, price was in the range of US$ 1220/ton to US$ 1230/ton. In U.S.A market, ethylene price was in the range of 67.25 cents/pound to 67.75 cents/pound. In European market, ethylene offers were in the range of US$ 1475/ton to US$ 1480/ton.

MEG price declined in S E Asian markets and was offered in the range of US$ 1080/ton to US$ 1090/ton. In Chinese domestic market, MEG price was in the range of RMB 8250/ton to RMB 8350/ton. In European market MEG price was in the range of 1100 US$/ton to 1110 US$/Ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1645/ton to US$ 1655/ton. In F E Asian markets, selling offers were around US$ 1655/ton for export goods. In Chinese market, BG PET Chip offered at RMB 11850/ton.

In Korean markets, FG PET Chips price was in the range of US$ 1550/ton to US$ 1560/ton and in Indian market, FOB based price was assessed in the range of US$ 1545/ton to US$ 1550/ton. In Chinese market, FG PET Chip hovered at RMB 11100/ton to RMB 11300/ton.

PSF price was stable in N Asian market in the range of US$ 1775/ton to US$ 1780/ton. In S E Asian market, PSF offers were around US$ 1680/ton. In Chinese domestic market, PSF offers did not change in the range of RMB 12300/ton to RMB 12375/ton.

Polyester POY price was stable in Chinese domestic market. POY price was around RMB 12300/ton. FDY and DTY selling offers were at RMB 13050/ton to RMB 13600/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1680/ton, US$ 1780/ton and US$ 1850/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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