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Prices in polyester raw material value-chain dip
01
Jun '12
Paraxylene (PX) prices declined in the Asian market. In S E Asian region, PX prices went down and were assessed in the range of US$ 1360/ton to US$ 1365/ton. In F E Asian region, PX prices plunged down and were quoted at US$ 1340/ton. PX imported from Taiwanese market dropped down and were offered in the range US$ 1390/ton to US$ 1395/ton.

PTA prices went down in the Asian region. In S E Asian market, PTA prices declined and were offered in the range of US$ 1035 to US$ 1040/ton. In F E Asian region, PX prices were assessed at US$ 1040/ton. PTA imported from Taiwanese market stayed stable and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In Chinese domestic market, PTA prices plunged down and were offered in the range of RMB 7875/ton to RMB 7925/ton.

Ethylene prices followed a mixed trend in Asia. In S E Asian region, Ethylene prices declined and were quoted in the range of US$ 985/ton to US$ 990/ton. In F E Asian region, Ethylene prices stayed stable and were quoted at US$ 1030/ton.

In U.S.A market, Ethylene prices dropped down and were assessed in the range of 47.50 cents/pound to 48.00 cents/pound. European international market, Ethylene prices were steady and were offered at US$ 1125/ton and in European domestic market, ethylene price went down and was quoted at € 875/ton, respectively.

MEG prices went down in Asia. In S E Asian region, MEG prices declined and were assessed at US$ 955/ton. In China market, MEG prices dropped down in the range of US$ 965/ton to US$ 970/ton. In Chinese domestic market, MEG prices plunged down and were quoted in the range RMB 7225/ton to RMB 7275/ton

In S E Asian countries, BG PET Chips prices remained stable in the range of US$ 1390/ton to US$ 1410/ton. In F E Asian market, selling offers were around US$ 1390/ton for export goods. In Chinese market, BG PET Chip prices remained steady and were assessed at RMB 10300/ton.

In Korean markets, FG PET Chips prices remained steady and were quoted in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based price were quoted in the range of US$ 1320/ton to US$ 1330/ton. In Chinese market, FG PET Chip prices stayed steady and were assessed in the range of RMB 10025/ton to RMB 10075/ton.

PSF prices declined in the Asian market. In F E Asian region, PSF prices went down at US$ 1530/ton. In S E Asian market, PSF selling offers were quoted at US$ 1430/ton. In Chinese domestic market, PSF prices declined and were offered in the range of RMB 10700/ton to RMB 10750/ton

In Chinese domestic market, Polyester POY, DTY and FDY prices went down and were marked at RMB 10600/ton, RMB 11800ton and RMB 10600/ton, respectively. In export market, offers for POY, DTY and FDY prices declined and were assessed at US$ 1425/ton, US$ 1575/ton and US$ 1410/ton, respectively.

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Fibre2fashion News Desk - India

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