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PX & PTA markets show mixed trend in Asian region

05 Nov '12
3 min read

Paraxylene (PX) prices showed mixed trend in the Asian region. In S E Asian region, PX prices increased in the range of US$ 1555/ton to US$ 1560/ton. In F E Asian market, PX prices were offered at US$ 1535/ton. Prices of PX imported from Taiwanese market remained unchanged and were assessed in the range of US$ 1565/ton to US$ 1570/ton.      
 
PTA prices showed mixed trend in Asian markets. In S E Asian market, PTA prices were stable in the range of US$ 1090/ton to US$ 1095/ton. In F E Asian market, PTA prices were assessed at US$ 1095/ton. Prices of PTA imported from Taiwanese market were steady 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 8025/ton to RMB 8075/ton.  
 
Ethylene prices decreased in the Asian region. In S E Asian market, Ethylene prices declined in the range of US$ 1280/ton to US$ 1285/ton. In F E Asian region, Ethylene prices dipped to US$ 1230/ton. In the US market, Ethylene prices stayed steady in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices fell in European international and domestic markets, and were assessed at US$ 1340/ton and € 1160/ton, respectively.     
 
MEG prices stayed steady in Asian markets. In S E Asian region, MEG prices remained stable and were offered at US$ 1080/ton. In China market, MEG prices stayed stable in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices were unchanged in the range of RMB 8000/ton to RMB 8050/ton.
 
In S E Asian region, BG PET Chips prices maintained steady trend and were quoted in the range of US$ 1420/ton to US$ 1450/ton, and some deals were finalized 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 went down to RMB 10200/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 stayed steady and were offered in the range of RMB 10000/ton to RMB 10050/ton. 
 
PSF prices remained stable in the Asian region. In F E Asian market, PSF prices were quoted at US$ 1520/ton. In S E Asian market, PSF selling offers were assessed at US$ 1420/ton. In the Chinese domestic market, PSF prices were offered in the range of RMB 10600/ton to RMB 10650/ton.  
 
In the Chinese domestic market, Polyester POY and FDY prices went down and were quoted at RMB 10950/ton and RMB 11000/ton, respectively while DTY prices were stable at RMB 12450/ton. In export market, offers for POY and FDY declined and were assessed at US$ 1480/ton and US$ 1475/ton, respectively, while DTY price remained steady at US$ 1680/ton. 
 
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Fibre2fashion News Desk - India

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