• Linkdin

PX, PTA & MEG markets decline in Asia

06 Sep '12
3 min read

Paraxylene (PX) prices went down in Asian markets. In     S E Asian region, PX prices declined in the range of US$ 1465/ton to US$ 1470/ton. In F E Asian market, PX prices were quoted at US$ 1460/ton. Prices of PX imported from Taiwanese market increased and were assessed in the range of US$ 1485/ton to US$ 1490/ton.   
 
PTA prices declined in the Asian region. In S E Asian market, PTA prices went down in the range of US$ 1065/ton to US$ 1070/ton. In F E Asian market, PTA prices were offered at US$ 1060/ton. Prices of PTA imported from Taiwanese market surged in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, PTA prices were stable in the range of RMB 8175/ton to RMB 8225/ton. 
 
Ethylene prices continued to show mixed trend in Asian markets. In S E Asian market, Ethylene prices went down in the range of US$ 1320/ton to US$ 1325/ton. In F E Asian region, Ethylene prices were assessed at US$ 1315/ton. 
 
In the US market, Ethylene prices surged in the range of 61.00 cents/pound to 61.50 cents/pound. Ethylene prices remained steady in European international and domestic markets at US$ 1340/ton and € 1195/ton, respectively.
 
MEG prices plunged in the Asian region. In S E Asian region, MEG prices declined and were offered at US$ 1065/ton. In China market, MEG prices went up in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices remained stable in the range of RMB 8175/ton to RMB 8225/ton. 
 
In S E Asian region, BG PET Chips prices continued to be steady 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 were stable at RMB 10250/ton.
 
In Korean market, FG PET Chips prices were 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 remained unchanged in the range of RMB 10100/ton to RMB 10150/ton.
 
PSF prices were 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 stayed unchanged in the range of RMB 10725/ton to RMB 10775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices continued to be steady and were assessed at RMB 11150/ton, RMB 12600/ton and RMB 11100/ton, respectively. In export market, offers for POY, DTY and FDY declined and were quoted at US$ 1500/ton, US$ 1690/ton and US$ 1480/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search