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Asian MEG, PX & PTA markets rise
20
Nov '12
Paraxylene (PX) prices surged in Asian markets. 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 assessed at US$ 1550/ton. Prices of PX imported from Taiwanese market stayed steady and were quoted in the range of US$ 1560/ton to US$ 1565/ton.  
 
PTA prices increased in the Asian region. In S E Asian market, PTA prices surged in the range of US$ 1100/ton to US$ 1105/ton. In F E Asian market, PTA prices were offered at US$ 1105/ton. Prices of PTA imported from Taiwanese market remained steady and were offered in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices were steady in the range of RMB 8125/ton to RMB 8175/ton.        
 
Ethylene prices showed mixed trend in the Asian region. In S E Asian market, Ethylene prices went down in the range of US$ 1215/ton to US$ 1220/ton. In F E Asian region, Ethylene prices were offered at US$ 1210/ton. In the US market, Ethylene prices declined in the range of 51.00 cents/pound to 51.50 cents/pound. Ethylene prices remained stable in European international market at US$ 1280/ton and declined in domestic market to € 1115/ton.
 
MEG prices increased in Asian markets. In S E Asian region, MEG prices went up and were offered at US$ 1045/ton. In China market, MEG prices went down in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices were stable in the range of RMB 7750/ton to RMB 7800/ton. 
 
In S E Asian region, BG PET Chips prices kept 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 remained unchanged at RMB 9975/ton.
 
In Korean market, FG PET Chips prices were 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 stayed stable and were quoted in the range of RMB 9825/ton to RMB 9875/ton.
 
PSF prices remained unchanged in the Asian region. In F E Asian region, PSF prices were offered at 1505/ton. In S E Asian market, PSF prices were quoted at US$ 1405/ton. In the Chinese domestic market, PSF prices surged and were offered in the range of RMB 10450/ton to RMB 10500/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept unchanged and were offered at RMB 10700/ton, RMB 12250/ton and RMB 10850/ton, respectively. In export market, offers for POY, DTY and FDY remained stable and were quoted at US$ 1445/ton, US$ 1655/ton and US$ 1455/ton, respectively.    
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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