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PX & MEG prices unchanged, polyester POY stable
09
Apr '12
Paraxylene (PX) price was unchanged in S E Asian market. In S E Asian market, PX prices were quoted in the range of US$ 1565/ton to US$ 1570/ton. In F E Asian countries, PX prices declined in between US$ 1545/ton to US$ 1550/ton. PX imported from Taiwanese market was stable at level of around US$ 1565/ton

In F E Asian and S E Asian region, PTA prices were marked in between US$ 1160/ton to US$ 1170/ton. PTA imported from Taiwanese market was quoted around US$ 1160/ton. In Chinese domestic market, PTA price slid down a bit and was offered at RMB 8575/ton to RMB 8625/ton.

In S E Asian market, Ethylene price was stable at US$ 1405/ton. In F E Asian region, Ethylene price was at US$ 1385/ton. In U.S.A market, Ethylene was in the range of 74.75 cents/pound to 75.25 cents/pound. In European domestic market, price range was steady at € 1220/ton to € 1230/ton. In European market, price was quoted in the range of US$ 1545/ton to US$ 1555/ton.

MEG prices remained unchanged in S E Asian markets and were offered in the range of US$ 950/ton to US$ 955/ton. In China market, MEG price was in the range of US$ 950/ton to US$ 960/ton. In Chinese domestic market, selling offers were around RMB 7200/ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1565/ton to US$ 1575/ton. In F E Asian markets, counter offers were around US$ 1550/ton for export goods. In Chinese market, BG PET Chip offered at RMB 11100/ton.

In Korean markets, FG PET Chips price was stable in the range of US$ 1440/ton to US$ 1460/ton and in Indian market, FOB based price was assessed in the range of US$ 1465/ton to US$ 1475/ton. In Chinese market, FG PET Chip hovered at RMB 10200/ton to RMB 10300/ton.

In F E Asian PSF market, price was stable in the range of US$ 1597/ton to US$ 1602/ton. In S E Asian market, PSF offers were in the range of US$ 1500/ton to US$ 1505/ton. In Chinese domestic market, PSF offers were in the range of RMB 11050/ton to RMB 11150/ton.

Price of Polyester POY decreased in Chinese domestic market. POY price was around RMB 11250/ton. FDY and DTY selling offers remained mixed at RMB 11350/ton to RMB 12700/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1530/ton, US$ 1530/ton and US$ 1720/ton, respectively.

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Fibre2fashion News Desk - India

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