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PX, PSF & PTA markets decline in Asian countries
01
Nov '12
Paraxylene (PX) prices declined 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$ 1550/ton. Prices of PX imported from Taiwanese market remained unchanged and were quoted in the range of US$ 1565/ton to US$ 1570/ton.
 
PTA prices declined in the Asian region. In S E Asian market, PTA prices went down in the range of US$ 1085/ton to US$ 1090/ton. In F E Asian market, PTA prices were offered at US$ 1090/ton. Prices of PTA imported from Taiwanese market kept unchanged in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices went down in the range of RMB 8100/ton to RMB 8150/ton. 
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices went down in the range of US$ 1285/ton to US$ 1290/ton. In F E Asian region, Ethylene prices were unchanged at US$ 1280/ton. In the US market, Ethylene prices were stable in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices kept steady in European international and domestic markets at US$ 1350/ton and € 1180/ton, respectively.     
 
MEG prices surged in Asian markets. In S E Asian region, MEG prices increased and were assessed at US$ 1070/ton. In China market, MEG prices stayed stable in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices were unchanged in the range of RMB 7950/ton to RMB 8000/ton.
 
In S E Asian region, BG PET Chips prices were steady 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 assessed in the range US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices remained stable 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 quoted in the range of US$ 1320/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices remained steady and were offered in the range of RMB 10000/ton to RMB 10050/ton.
 
PSF prices went down in the Asian region. 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 and offered in the range of RMB 10650/ton to RMB 10700/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed stable and were offered at RMB 11100/ton, RMB 12500/ton and RMB 11050/ton, respectively. In export market, offers for POY, DTY and FDY kept unchanged and were quoted 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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