Ethylene prices rise in US; dip in Southeast Asia

09 Nov '12

3 min read

Paraxylene (PX) prices went down in the Asian region. In S E Asian region, PX prices declined in the range of US$ 1555/ton to US$ 1560/ton. In F E Asian market, PX prices were assessed at US$ 1535/ton. Prices of PX imported from Taiwanese market increased and were offered in the range of US$ 1570/ton to US$ 1575/ton.

PTA prices went down in Asian markets. In S E Asian market, PTA prices declined in the range of US$ 1085/ton to US$ 1090/ton. In F E Asian market, PTA prices were assessed at US$ 1090/ton. Prices of PTA imported from Taiwanese market surged and were assessed in the range of US$ 1090/ton to US$ 1095/ton. In the Chinese domestic market, PTA prices remained stable in the range of RMB 8075/ton to RMB 8125/ton.

Ethylene prices showed mixed trend in the Asian region. In S E Asian market, Ethylene prices declined in the range of US$ 1260/ton to US$ 1265/ton. In F E Asian region, Ethylene prices were offered at US$ 1230/ton. In the US market, Ethylene prices increased in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices went down in European international and domestic markets, and were quoted at US$ 1320/ton and € 1155/ton, respectively.

MEG prices went down in Asian markets. In S E Asian region, MEG prices declined and were quoted at US$ 1070/ton. In China market, MEG prices increased in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, MEG prices stayed stable in the range of RMB 7825/ton to RMB 7875/ton.

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

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

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

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

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

More Textiles News - Global...