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Ethylene & PSF prices decline in Asian region
26
Oct '12
Paraxylene (PX) prices showed mixed trend in Asian markets. In S E Asian region, PX prices went down in the range of US$ 1555/ton to US$ 1560/ton. In F E Asian market, PX prices were offered at US$ 1545/ton. Prices of PX imported from Taiwanese market declined and were offered in the range of US$ 1555/ton to US$ 1560/ton.      
 
PTA prices went up in the Asian region. In S E Asian market, PTA prices surged in the range of US$ 1095/ton to US$ 1100/ton. In F E Asian market, PTA prices were offered at US$ 1100/ton. Prices of PTA imported from Taiwanese market remained stable in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices surged in the range of RMB 8250/ton to RMB 8300/ton.  
 
Ethylene prices declined in the Asian market. In S E Asian market, Ethylene prices plunged down in the range of US$ 1330/ton to US$ 1335/ton. In F E Asian region, Ethylene prices were offered at US$ 1280/ton. In the US market, Ethylene prices increased in the range of 55.50 cents/pound to 56.00 cents/pound. Ethylene prices remained unchanged in European international and domestic markets, and were offered at US$ 1420/ton and € 1205/ton, respectively.     
 
MEG prices surged in the Asian market. In S E Asian region, MEG prices increased and were quoted at US$ 1090/ton. In China market, MEG prices were steady in the range of US$ 1090/ton to US$ 1095/ton. In the Chinese domestic market, MEG prices remained stable in the range of RMB 8025/ton to RMB 8075/ton.
 
In S E Asian region, BG PET Chips prices maintained steady in the range of US$ 1420/ton to US$ 1450/ton and some deals were discussed in the range of US$ 1410/ton to US$ 1430/ton. In F E Asian market, selling offers were assessed in the range US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices kept unchanged at RMB 10300/ton.    
 
In Korean market, FG PET Chips prices stayed stable in the range of US$ 1290/ton to US$ 1330/ton. In Indian market, FOB based prices were assessed in the range of US$ 1320/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices were stable in the range of RMB 10100/ton to RMB 10150/ton.
 
PSF prices went down in the Asian region. In F E Asian market, PSF prices were offered at US$ 1550/ton. In S E Asian market, PSF selling offers were assessed at US$ 1450/ton. In the Chinese domestic market, PSF prices were stable in the range of RMB 10800/ton to RMB 10850/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged and were assessed at RMB 11200/ton, RMB 12500/ton and RMB 11150/ton, respectively. In export market, offers for POY, DTY and FDY stayed steady and were quoted at US$ 1520/ton, US$ 1690/ton and US$ 1495/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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