PX prices surge in Southeast Asian region

02 Oct '12

3 min read

Paraxylene (PX) prices increased in Asian markets. In S E Asian region, PX prices surged in the range of US$ 1495/ton to US$ 1500/ton. In F E Asian market, PX prices were quoted at US$ 1490/ton. Prices of PX imported from Taiwanese market increased and were quoted in the range of US$ 1500/ton to US$ 1505/ton.

PTA prices stayed stable in the Asian region. In S E Asian market, PTA prices were steady in the range of US$ 1080ton to US$ 1085/ton. In F E Asian market, PTA prices were offered at US$ 1080/ton. Prices of PTA imported from Taiwanese market remained steady in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, PTA prices were unchanged in the range of RMB 8345/ton to RMB 8350/ton.

Ethylene prices stayed steady in Asian markets. In S E Asian market, Ethylene prices continued to be stable in the range of US$ 1380/ton to US$ 1385/ton. In F E Asian region, Ethylene prices were offered at US$ 1280/ton. In the US market, Ethylene prices remained stable in the range of 59.50 cents/pound to 60.00 cents/pound. Ethylene prices remained unchanged in European international and domestic markets at US$ 1405/ton and € 1160/ton, respectively.

MEG prices remained steady in the Asian region. In S E Asian region, MEG prices stayed stable and were offered at US$ 1090/ton. In China market, MEG prices increased in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, MEG prices remained stable in the range of RMB 8250/ton to RMB 8300/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 unchanged at RMB 10650/ton.

In Korean market, FG PET Chips prices kept 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 remained steady and were offered in the range of RMB 10400/ton to RMB 10450/ton.

PSF prices were steady in Asian markets. In F E Asian market, PSF prices were offered at US$ 1575/ton. In S E Asian market, PSF selling offers were offered at US$ 1475/ton. In the Chinese domestic market, PSF prices were steady in the range of RMB 11025/ton to RMB 11075/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices continued to be stable and were offered at RMB 11450/ton, RMB 12700/ton and RMB 11250/ton, respectively. In export market, offers for POY, DTY and FDY remained steady and were assessed at US$ 1550/ton, US$ 1710/ton and US$ 1500/ton, respectively.

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Fibre2fashion News Desk - India

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