Asian PX, PTA & MEG trends rise marginally

In SE Asia, PX prices rose today from US $1,232 / ton (CFR) to $1,257 / ton, up 2 percent and PTA grew from $957 / ton (CFR) on July 2 to $982 / ton on July 3, a rise of 2.61 percent.

Ethylene prices in SE Asian market stayed stable today at $932 / ton (CFR), while MEG trends hiked slightly by 2.34 percent to $872 / ton (CFR), respectively.

In FE Asia, BG PET Chip price too was steady at $1,310 / ton on July 3.

In the Chinese market, PSF maintained stability and was offered at $1,380 / ton (FOB). 

Again, in China domestic market, Polyester POY, DTY and FDY trends were stable and assessed at $9,600 / ton, $11,000 / ton and $9,400 / ton, respectively.

In the Chinese US dollar market, Polyester POY, DTY and FDY were steady and quoted at $1,278 / ton, $1,461 / ton and $1,233 / ton, respectively. 

Fibre2fashion News Desk - India