PX & PTA prices decline in Asian markets

25 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$ 1490/ton to US$ 1495/ton. In F E Asian market, PX prices were quoted at US$ 1485/ton. Prices of PX imported from Taiwanese market declined and were offered in the range of US$ 1520/ton to US$ 1525/ton.

PTA prices declined in the Asian region. In S E Asian market, PTA prices declined in the range of US$ 1070ton to US$ 1075/ton. In F E Asian market, PTA prices were offered at US$ 1070/ton. Prices of PTA imported from Taiwanese market went down in the range of US$ 1070/ton to US$ 1075/ton. In the Chinese domestic market, PTA prices went up in the range of RMB 8275/ton to RMB 8325/ton.

Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices kept unchanged in the range of US$ 1305/ton to US$ 1310/ton. In F E Asian region, Ethylene prices were assessed at US$ 1280/ton. In the US market, Ethylene prices remained unchanged in the range of 58.00 cents/pound to 58.50 cents/pound. Ethylene prices remained steady in European international and domestic markets at US$ 1400/ton and € 1185/ton, respectively.

MEG prices stayed steady in the Asian region. In S E Asian region, MEG prices remained unchanged and were assessed at US$ 1090/ton. In China market, MEG prices went down in the range of US$ 1080/ton to US$ 1085/ton. In the Chinese domestic market, MEG prices stayed stable in the range of RMB 8325/ton to RMB 8375/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 were steady at RMB 10650/ton.

In Korean market, FG PET Chips prices stayed unchanged 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 offered in the range of RMB 10400/ton to RMB 10450/ton.

PSF prices were unchanged in Asian markets. In F E Asian market, PSF prices were offered at US$ 1520/ton. In S E Asian market, PSF selling offers were quoted at US$ 1420/ton. In the Chinese domestic market, PSF prices were steady in the range of RMB 11125/ton to RMB 11175/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed steady and were assessed at RMB 11450/ton, RMB 12700/ton and RMB 11400/ton, respectively. In export market, offers for POY, DTY and FDY remained unchanged and were offered at US$ 1550/ton, US$ 1710/ton and US$ 1525/ton, respectively.

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Fibre2fashion News Desk - India

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