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Ethylene, MEG prices inch up in Southeast Asia
30
Nov '12
Paraxylene (PX) prices stayed stable in Asian markets. In S E Asian region, PX prices were steady in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, PX prices were offered at US$ 1555/ton. Prices of PX imported from Taiwanese market went down and were quoted in the range of US$ 1575/ton to US$ 1580/ton.  
 
PTA prices remained steady in the Asian region. In S E Asian market, PTA prices continued to be stable in the range of US$ 1115/ton to US$ 1120/ton. In F E Asian market, PTA prices were assessed at US$ 1120/ton. Prices of PTA imported from Taiwanese market kept unchanged and were offered in the range of US$ 1115/ton to US$ 1120/ton. In the Chinese domestic market, PTA prices were stable in the range of RMB 8125/ton to RMB 8175/ton.        
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices increased in the range of US$ 1180/ton to US$ 1185/ton. In F E Asian region, Ethylene prices were offered at US$ 1130/ton. In the US market, Ethylene prices stayed stable in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices remained stable in European international market at US$ 1200/ton and went down in domestic market to € 1095/ton.        
 
MEG prices surged in the Asian region. In S E Asian region, MEG prices increased and were offered at US$ 1070/ton. In China market, MEG prices went down in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices surged in the range of RMB 7825/ton to RMB 7875/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 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 were steady at RMB 9975/ton.     
 
In Korean market, FG PET Chips prices remained 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 kept steady and were offered in the range of RMB 9825/ton to RMB 9875/ton.         
 
PSF prices remained steady in the Asian region. In F E Asian region, PSF prices were quoted at US$ 1510/ton. In S E Asian market, PSF prices were assessed at US$ 1410/ton. In the Chinese domestic market, PSF prices were stable in the range of RMB 10525/ton to RMB 10575/ton.
 
In the Chinese domestic market, Polyester POY and DTY prices remained stable and were assessed at RMB 10700/ton and RMB 12250/ton, respectively, while FDY prices increased to RMB 10900/ton. In export market, offers for POY and DTY remained unchanged and were assessed at US$ 1445/ton and US$ 1655/ton, respectively, while FDY prices surged to US$ 1465/ton.      
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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