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PSF trends surge, PX, PTA & polyester POY stable
02
May '12
Paraxylene (PX) prices stayed steady in all Asian markets. In S E Asian countries, PX prices 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 declined and hovered in the range of US$ 1540/ton to US$ 1545/ton.

PTA prices remained stable in Asia. In F E Asian and S E Asian countries, PTA prices were witnessed in the range of US$ 1165/ton to US$ 1170/ton. PTA imported from Taiwanese market remained unchanged and stood at US$ 1160/ton to US$ 1165/ton. In Chinese domestic market, PTA prices inched up and were marked at RMB 8725/ton to RMB 8775/ton.

Ethylene prices stayed unchanged in the Asian region. In S E Asian countries, Ethylene prices were inert in the range of US$ 1375/ton and US$ 1380/ton. In F E Asian region, Ethylene price remained stable and hovered at US$ 1355/ton. In U.S.A market, Ethylene prices went down and were assessed in the range of 65.50 cents/pound to 66.00 cents/pound. Ethylene prices remained stable in European international and domestic market and were assessed at US$ 1445/ton and € 1165/ton, respectively.

MEG prices stayed unchanged in Asia. In S E Asian markets, MEG prices hovered in the range of US$ 990/ton to US$ 995/ton. In China market, MEG prices jumped to US$ 995/ton to US$ 1000/ton. In Chinese domestic market, MEG prices inched up and were offered in between RMB 7625/ton to RMB 7675/ton.

In S E Asian region, BG PET Chips price remained unchanged and was 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 remained stable and hovered in the range of US$ 1360/ton to US$ 1370/ton. In Indian market, FOB based price went up and were assessed in the range of US$ 1405/ton to US$ 1410/ton. In Chinese market, FG PET Chip prices remained stable and were quoted in the range of RMB 10350/ton to RMB 10400/ton.

PSF prices surged up in Asian market. In F E Asian market, PSF prices hovered in the range of US$ 1600/ton to US$ 1605/ton. In S E Asian market, PSF selling offers were in the range of US$ 1500/ton to US$ 1505/ton. In Chinese domestic market, PSF prices remained unchanged in the range of RMB 11100/ton to RMB 11150/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were marked at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton. In export market, offers for POY, DTY and FDY soared up and were offered at US$ 1530/ton, US$ 1715/ton and US$ 1530/ton.

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Fibre2fashion News Desk - India

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