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Asian MEG & PSF trends tumble, ethylene steady
08
Jun '12
Paraxylene (PX) prices stayed stable in the Asian market. In S E Asian region, PX price remained steady and were quoted in the range of US$ 1235/ton to US$ 1240/ton. In F E Asian region, PX prices were offered at US$ 1215/ton. PX imported from Taiwanese market went up and were quoted in the range of US$ 1235/ton to US$ 1240/ton.

PTA prices remained stable in the Asian region. In S E Asian market, PTA prices stayed steady and were offered in the range of US$ 935 to US$ 940/ton. In F E Asian market, PTA was assessed at US$ 935/ton.

PTA imported from Taiwanese market remained unchanged and was quoted in the range of US$ 930/ton to US$ 935/ton. In Chinese domestic market, PTA prices remained steady and were offered in the range RMB 7325/ton to RMB 7375/ton.

Ethylene prices stayed steady in the Asian country. In S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 945/ton to US$ 950/ton. In F E Asian region, Ethylene prices were assessed at US$ 990/ton.

In U.S.A market, Ethylene prices stayed stable and were quoted in the range of 40.50 cents/pound to 41.00 cents/pound. In European international market and domestic market, Ethylene prices remained unchanged and were offered at US$ 1105/ton and € 860/ton, respectively.

MEG prices went down in Asia. In S E Asian region, MEG prices plunged down and were offered at US$ 870/ton. In China market, MEG prices stayed steady in the range of US$ 870/ton to US$ 875/ton. In Chinese domestic market, MEG prices were quoted in the range RMB 6725/ton to RMB 6775/ton.

In S E Asian region, 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 stable and were offered at RMB 9600/ton.

In Korean market, FG PET Chips prices remained steady and were assessed 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 remained steady and were offered in the range of RMB 9375/ton to RMB 9425/ton.

PSF prices declined in the Asian market. In F E Asian region, PSF prices declined to US$ 1460/ton. In S E Asian market, PSF selling offers were at US$ 1360/ton. In Chinese domestic market, PSF prices dropped down and were offered in the range of RMB 10225/ton to RMB 10275/ton.

In Chinese domestic market, Polyester POY and FDY prices stayed steady and were marked at RMB 10100/ton and RMB 9900/ton, respectively while DTY prices declined to RMB 11300/ton. In export market, offers for POY and FDY stayed stable and were offered at US$ 1355/ton and US$ 1310/ton, respectively while DTY price went down to US$ 1505/ton.

Click here to view andcompare daily price trends.

Fibre2fashion News Desk - India

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