FG PET Chips prices fall in Chinese market

17 Aug '12

3 min read

Paraxylene (PX) prices remained stable in Asian markets. In S E Asian region, PX prices hovered in the range of US$ 1445/ton to US$ 1450/ton. In F E Asian market, PX prices were assessed at US$ 1450/ton. Prices of PX imported from Taiwanese market went up and were quoted in the range of US$ 1460/ton to US$ 1465/ton.

PTA prices went up in the Asian region. In S E Asian market, PTA prices increased and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In F E Asian market, PTA prices were offered at US$ 1025/ton. Prices of PTA imported from Taiwanese market plunged down in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, PTA prices remained unchanged in the range of RMB 7925/ton to RMB 7975/ton.

Ethylene prices showed a mix trend in Asian markets. In S E Asian market, Ethylene prices moved up in the range of US$ 1165/ton to US$ 1170/ton. In F E Asian region, Ethylene prices were offered at US$ 1150/ton. In the US market, Ethylene prices surged in the range of 52.00 cents/pound to 52.50 cents/pound. Ethylene prices were steady in European international and in domestic markets at US$ 1255/ton and € 1130/ton, respectively.

MEG prices increased in Asian markets. In S E Asian region, MEG prices surged and were assessed at US$ 1015/ton. In China market, MEG prices went down and were offered in the range of US$ 1005/ton to US$ 1010/ton. In the Chinese domestic market, MEG prices inched up and were quoted in the range of RMB 7775/ton to RMB 7825/ton.

In S E Asian region, BG PET Chips continued to be stable in the range of US$ 1320/ton to US$ 1350/ton. In F E Asian market, selling offers were around US$ 1300/ton for export goods. In the Chinese market, BG PET Chips prices remained unchanged at RMB 9975/ton.

In Korean market, FG PET Chips prices continued to be stable in the range of US$ 1190/ton to US$ 1230/ton. In Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices went down and were assessed in the range of RMB 9900/ton to RMB 9950/ton.

PSF prices remained stable in Asian markets. In F E Asian market, PSF prices were offered at US$ 1530/ton. In S E Asian market, PSF selling offers were assessed at US$ 1430/ton. In the Chinese domestic market, PSF prices went down in the range of RMB 10725/ton to RMB 10775/ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY went down and were offered at RMB 11350/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY went down and were offered at US$ 1530/ton, US$ 1690/ton, and US$ 1510/ton, respectively.

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Fibre2fashion News Desk - India

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