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PX & ethylene trends gain, PSF declines
23
Mar '12
Paraxylene (PX) prices went up slowly in Asian market. In S E Asian market, PX prices were in the range of US$ 1580/ton to US$ 1585/ton. In F E Asian region, PX prices were in between US$ 1575/ton to US$ 1585/ton. PX imported from Taiwanese market was stable at level of around US$ 1580/ton.

In Asian markets, PTA price was stable. In F E Asian and S E Asian region, PTA prices were in between US$ 1160/ton to US$ 1165/ton. PTA imported from Taiwanese market was quoted around US$ 1165/ton. In Chinese domestic market, PTA price was around RMB 8500/ton to RMB 8600/ton.

In S E Asian market, Ethylene price gained marginally to touch US$ 1385/ton. In F E Asian market, ethylene price was at US$ 1345/ton. In U.S.A market, ethylene was in the range of 67.05 cents/pound to 67.55 cents/pound. In European domestic market, price range was € 1290/ton to € 1300/ton. In European market price was around US$ 1635/ton.

MEG price remained stable, in S E Asian markets and was offered in the range of US$ 990/ton to US$ 1000/ton. In Chinese domestic market, MEG price was in the range of US$ 985/ton to US$ 1000/ton. In Chinese domestic market selling offers were around RMB 7500/ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1650/ton to US$ 1660/ton. In F E Asian markets, selling offers were around US$ 1655/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 11300/ton.

In Korean markets, FG PET Chips price was stable in the range of US$ 1545/ton to US$ 1555/ton and in Indian market, FOB based price was assessed in the range of US$ 1550/ton to US$ 1560/ton. In Chinese market, FG PET Chip hovered at RMB 11000/ton to RMB 11200/ton.

In N Asian PSF market, price declined in the range of US$ 1600/ton to US$ 1605/ton. In S E Asian market, PSF offers were in the range of US$ 1500/ton to US$ 1510/ton. In Chinese domestic market, PSF offers were in the range of RMB 11150/ton to RMB 11250/ton.

Price of Polyester POY was stable in Chinese domestic market. POY price was around RMB 11200/ton. FDY and DTY selling offers remained mixed at RMB 11400/ton and RMB 12600/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1520/ton, US$ 1540/ton and US$ 1705/ton, respectively.

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Fibre2fashion News Desk - India

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