Home / Knowledge / News / Textiles / PX & PSF prices rise in Asia; MEG prices dip
PX & PSF prices rise in Asia; MEG prices dip
31
Oct '12
Paraxylene (PX) prices increased in Asian markets. In S E Asian region, PX prices surged in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, PX prices were assessed at US$ 1555/ton. Prices of PX imported from Taiwanese market stayed steady and were assessed in the range of US$ 1565/ton to US$ 1570/ton.
 
PTA prices remained unchanged in the Asian region. In S E Asian market, PTA prices were steady in the range of US$ 1095/ton to US$ 1100/ton. In F E Asian market, PTA prices were quoted at US$ 1100/ton. Prices of PTA imported from Taiwanese market stayed steady in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices surged in the range of RMB 8150/ton to RMB 8200/ton.
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices kept unchanged in the range of US$ 1290/ton to US$ 1295/ton. In F E Asian region, Ethylene prices were steady at US$ 1280/ton. In the US market, Ethylene prices stayed steady in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices kept stable in European international and domestic markets, and were assessed at US$ 1350/ton and € 1180/ton, respectively.     
 
MEG prices plunged down in Asian markets. In S E Asian region, MEG prices went down and were quoted at US$ 1060/ton. In China market, MEG prices declined in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7950/ton to RMB 8000/ton. 
 
In S E Asian region, BG PET Chips prices were stable in the range of US$ 1420/ton to US$ 1450/ton and some deals were discussed in the price range of US$ 1410/ton to US$ 1430/ton. In F E Asian market, selling offers were quoted in the range US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices stayed steady at RMB 10300/ton.    
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1290/ton to US$ 1330/ton. In Indian market, FOB based prices were offered 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 10000/ton to RMB 10050/ton.  
 
PSF prices surged in the Asian region. In F E Asian market, PSF prices were quoted 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 were stable in the range of RMB 10650/ton to RMB 10700/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices were stable at RMB 11100/ton, RMB 12500/ton and RMB 11050/ton, respectively. In export market, offers for POY, DTY and FDY remained unchanged and were assessed at US$ 1505/ton, US$ 1690/ton and US$ 1485/ton, respectively.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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