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MEG prices dip sharply, PX & ethylene rise
02 Apr '12
3 min read
Paraxylene (PX) price went up in Asian market. In S E Asian market, PX prices were in the range of US$ 1580/ton to US$ 1590/ton. In F E Asian region, PX prices were in between US$ 1585/ton to US$ 1595/ton. PX imported from Taiwanese market was stable at level of around US$ 1585/ton.
In Asian markets, PTA price went down. In F E Asian and S E Asian region, PTA prices were in between US$ 1160/ton to US$ 1170/ton. PTA imported from Taiwanese market was quotege d around US$ 1165/ton. In Chinese domestic market, PTA price declined to around RMB 8600/ton to RMB 8650/ton.
In S E Asian market, Ethylene price went up slowly to US$ 1395/ton. In F E Asian market, ethylene price was at US$ 1395/ton. In U.S.A market, Ethylene was in the range of 67.50 cents/pound to 68.55 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 opened with sharp decline in S E Asian markets and was offered in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, MEG price was in the range of US$ 970/ton to US$ 980/ton. In Chinese domestic market, selling offers were around RMB 7350/ton.
In S E Asian region, BG PET Chips price was stable in the range of US$ 1590/ton to US$ 1600/ton. In F E Asian markets, selling offers were around US$ 1600/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 11450/ton.
In Korean markets, FG PET Chips price was stable in the range of US$ 1505/ton to US$ 1515/ton and in Indian market, FOB based price was assessed in the range of US$ 1530/ton to US$ 1535/ton. In Chinese market, FG PET Chip hovered at RMB 11200/ton to RMB 11400/ton.
In N Asian PSF market, price was stable in the range of US$ 1607/ton to US$ 1612/ton. In S E Asian market, PSF offers were in the range of US$ 1507/ton to US$ 1512/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 11350/ton. FDY and DTY selling offers remained mixed at RMB 11500/ton to RMB 12700/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1545/ton, US$ 1555/ton and US$ 1720/ton, respectively.
Editorial Note: PET market opened with mixed fundamentals, while market speculators adopted firm stance of wait and watch.
Click here to view and compare daily price trends.
In Asian markets, PTA price went down. In F E Asian and S E Asian region, PTA prices were in between US$ 1160/ton to US$ 1170/ton. PTA imported from Taiwanese market was quotege d around US$ 1165/ton. In Chinese domestic market, PTA price declined to around RMB 8600/ton to RMB 8650/ton.
In S E Asian market, Ethylene price went up slowly to US$ 1395/ton. In F E Asian market, ethylene price was at US$ 1395/ton. In U.S.A market, Ethylene was in the range of 67.50 cents/pound to 68.55 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 opened with sharp decline in S E Asian markets and was offered in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, MEG price was in the range of US$ 970/ton to US$ 980/ton. In Chinese domestic market, selling offers were around RMB 7350/ton.
In S E Asian region, BG PET Chips price was stable in the range of US$ 1590/ton to US$ 1600/ton. In F E Asian markets, selling offers were around US$ 1600/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 11450/ton.
In Korean markets, FG PET Chips price was stable in the range of US$ 1505/ton to US$ 1515/ton and in Indian market, FOB based price was assessed in the range of US$ 1530/ton to US$ 1535/ton. In Chinese market, FG PET Chip hovered at RMB 11200/ton to RMB 11400/ton.
In N Asian PSF market, price was stable in the range of US$ 1607/ton to US$ 1612/ton. In S E Asian market, PSF offers were in the range of US$ 1507/ton to US$ 1512/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 11350/ton. FDY and DTY selling offers remained mixed at RMB 11500/ton to RMB 12700/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1545/ton, US$ 1555/ton and US$ 1720/ton, respectively.
Editorial Note: PET market opened with mixed fundamentals, while market speculators adopted firm stance of wait and watch.
Click here to view and compare daily price trends.
Fibre2fashion News Desk - India
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