PSF, MEG & PTA prices move up in Asian region

08 Nov '12

3 min read

Paraxylene (PX) prices increased in Asian markets. In S E Asian region, PX prices went up in the range of US$ 1565/ton to US$ 1570/ton. In F E Asian market, PX prices were assessed at US$ 1550/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1535/ton to US$ 1540/ton.

PTA prices surged in the Asian region. In S E Asian market, PTA prices went up 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 increased and were offered in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, PTA prices surged in the range of RMB 8075/ton to RMB 8125/ton.

Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices went down in the range of US$ 1270/ton to US$ 1275/ton. In F E Asian region, Ethylene prices were quoted at US$ 1230/ton. In the US market, Ethylene prices remained steady in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices were stable in European international and domestic markets, and were offered at US$ 1340/ton and € 1160/ton, respectively.

MEG prices went up in the Asian region. In S E Asian region, MEG prices increased and were offered at US$ 1080/ton. In China market, MEG prices increased in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices stayed unchanged in the range of RMB 7825/ton to RMB 7875/ton.

In S E Asian region, BG PET Chips prices remained 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 remained stable at RMB 10075/ton.

In Korean market, FG PET Chips prices 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 remained steady and were offered in the range of RMB 9875/ton to RMB 9925/ton.

PSF prices surged in the Asian region. In F E Asian region, PSF prices were assessed at US$ 1520/ton. In S E Asian market, PSF selling offers were assessed at US$ 1520/ton. In the Chinese domestic market, PSF prices increased and were offered in the range of RMB 10600/ton to RMB 10650/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices kept unchanged and were offered at RMB 10950/ton, RMB 12450/ton and RMB 11000/ton, respectively. In export market, offers for POY, DTY and FDY stayed steady and were assessed at US$ 1480/ton, US$ 1680/ton and US$ 1475/ton, respectively.

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Fibre2fashion News Desk - India

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