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PTA, PX & MEG markets decline in Asian region
19
Sep '12
Paraxylene (PX) prices went down in Asian markets. In S E Asian region, PX prices declined in the range of US$ 1585/ton to US$ 1590/ton. In F E Asian market, PX prices were offered at US$ 1580/ton. Prices of PX imported from Taiwanese market surged and were assessed in the range of US$ 1610/ton to US$ 1615/ton.    
 
PTA prices declined in the Asian region. In S E Asian market, PTA prices plunged down in the range of US$ 1125/ton to US$ 1130/ton. In F E Asian market, PTA prices were offered at US$ 1125/ton. Prices of PTA imported from Taiwanese market went up in the range of US$ 1135/ton to US$ 1140/ton. In the Chinese domestic market, PTA prices went down in the range of RMB 8425/ton to RMB 8475/ton.         
 
Ethylene prices stayed stable in Asian markets.  In S E Asian market, Ethylene prices kept unchanged in the range of US$ 1300/ton to US$ 1305/ton. In F E Asian region, Ethylene prices were offered at US$ 1290/ton. 
 
In the US market, Ethylene prices stayed steady in the range of 57.00 cents/pound to 57.50 cents/pound. Ethylene prices kept stable in European international and domestic markets at US$ 1400/ton and € 1205/ton, respectively.  
 
MEG prices went down in Asian markets. In S E Asian region, MEG prices declined and were offered at US$ 1125/ton. In China market, MEG prices surged in the range of US$ 1145/ton to US$ 1150/ton. In the Chinese domestic market, MEG prices plunged down in the range of RMB 8425/ton to RMB 8475/ton.  
 
In S E Asian region, BG PET Chips prices 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 10750/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 stayed stable and were offered in the range of RMB 10525/ton to RMB 10575/ton.         
 
PSF prices kept stable in Asian markets. In F E Asian market, PSF prices were offered at US$ 1540/ton. In S E Asian market, PSF selling offers were assessed at US$ 1440/ton. In the Chinese domestic market, PSF prices went down in the range of RMB 11275/ton to RMB 11325/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed steady and were assessed at RMB 11550/ton, RMB 12700/ton and RMB 11450/ton, respectively. In export market, offers for POY, DTY and FDY remained unchanged at US$ 1565/ton, US$ 1710/ton and US$ 1535/ton, respectively. 
 
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Fibre2fashion News Desk - India

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