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PX & PTA continue on downward trend, PSF steady
26
Apr '12
Paraxylene (PX) prices went down in Asia. In S E Asian countries, PX prices declined and were assessed in the range of US$ 1540/ton to US$ 1545/ton. In F E Asian market, PX prices were quoted in between US$ 1515/ton to US$ 1520/ton. PX imported from Taiwanese market slipped down and hovered in the range of US$ 1550/ton to US$ 1555/ton.

PTA prices moved down in Asian region. In F E Asian and S E Asian countries, PTA prices declined in the range of US$ 1150/ton to US$ 1155/ton. PTA imported from Taiwanese market plunged down and were offered in the range of US$ 1160/ton to US$ 1165/ton. In Chinese domestic market, PTA prices went up and were marked at RMB 8650/ton to RMB 8700/ton.

Ethylene prices stayed stable in the Asian market. In S E Asian countries, Ethylene prices were inert in the range of US$ 1410/ton and US$ 1415/ton. In F E Asian region, Ethylene price stayed unchanged at US$ 1385/ton. In U.S.A market, Ethylene prices dropped down and were quoted in the range of 68.00 cents/pound to 68.50 cents/pound. Ethylene prices were inert in European domestic and international market, and were assessed at € 1200/ton and US$ 1505/ton, respectively.

MEG prices remained unchanged in S E Asia, but went down in F E Asia. In S E Asian markets, MEG prices stayed stable in the range of US$ 970/ton to US$ 975/ton. In China import market, MEG prices skid down and were assessed in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, MEG prices went up and were offered in between RMB 7400/ton to RMB 7425/ton.

In S E Asian countries, BG PET Chips prices declined and were offered in the range of US$ 1520/ton to US$ 1530/ton. In F E Asian markets, counter offers were around US$ 1520/ton for export goods. In Chinese market, BG PET Chip prices were witnessed at RMB 10900/ton.

In Korean markets, FG PET Chips prices plunged down and hovered in the range of US$ 1360/ton to US$ 1370/ton. In Indian market, FOB based price was assessed in the range of US$ 1420/ton to US$ 1430/ton. In Chinese market, FG PET Chip prices stayed stable and were quoted in the range of RMB 10350/ton to RMB 10400/ton.

PSF prices stayed steady in the Asian countries. In F E Asian market, PSF prices hovered in the range of US$ 1595/ton to US$ 1600/ton. In S E Asian market, PSF selling offers were in the range of US$ 1495/ton to US$ 1500/ton. In Chinese domestic market, PSF was offered in the range of RMB 11100/ton to RMB 11150/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were marked at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY grew to US$ 1525/ton, US$ 1710/ton and US$ 1525/ton, respectively.

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Fibre2fashion News Desk - India

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