Prices across polyester raw material chain drop

04 Jun '12

3 min read

Paraxylene (PX) prices dropped down in Asia. In S E Asian region, PX prices declined sharply and were offered in the range of US$ 1325/ton to US$ 1330/ton. In F E Asian region, PX prices plunged down and were assessed at US$ 1305/ton. PX imported from Taiwanese market declined and were offered in the range US$ 1360/ton to US$ 1365/ton.

PTA prices went down in Asia.. In S E Asian market, PTA prices went down and were quoted in the range of US$ 1005 to US$ 1010/ton. In F E Asian region, PX prices were offered at US$ 1005/ton. PTA imported from Taiwanese market dropped down and were assessed in the range of US$ 1035/ton to US$ 1040/ton. In Chinese domestic market, PTA prices declined and were quoted in the range RMB 7425/ton to RMB 7475/ton.

Ethylene prices declined in the Asian market. In S E Asian region, Ethylene prices declined and were offered in the range of US$ 970/ton to US$ 975/ton. In F E Asian region, Ethylene prices stayed stable and were assessed at US$ 990/ton.

In U.S.A market, Ethylene prices dropped down and were quoted in the range of 45.50 cents/pound to 46.00 cents/pound. European international market and in domestic market, Ethylene prices declined and were assessed at US$ 1105/ton and € 860/ton, respectively.

MEG prices went down in Asia. In S E Asian region, MEG prices declined and were quoted at US$ 945/ton. In China market, MEG prices dropped down in the range of US$ 950/ton to US$ 955/ton. In Chinese domestic market, MEG prices plunged down and were assessed in the range RMB 6875/ton to RMB 6925/ton.

In S E Asian region, BG PET Chips prices stayed 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 stayed stable and were quoted at RMB 10000/ton.

In Korean markets, FG PET Chips prices remained stable and were offered in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based price was assessed in the range of US$ 1320/ton to US$ 1330/ton. In Chinese market, FG PET Chip prices stayed steady and were quoted in the range of RMB 9775/ton to RMB 9825/ton.

PSF prices declined in the Asian market. In F E Asian region, PSF prices went down to US$ 1495/ton. In S E Asian market, PSF selling offers were quoted at US$ 1395/ton. In Chinese domestic market, PSF prices declined and were offered in the range of RMB 10475/ton to RMB 10525/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices declined and were marked at RMB 10400/ton, RMB 11500ton and RMB 10300/ton, respectively. In export market, offers for POY, DTY and FDY prices declined and were offered at US$ 1395/ton, US$ 1535/ton and US$ 1365/ton, respectively.

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Fibre2fashion News Desk - India

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