Home / Knowledge / News / Textiles / PTA, MEG & PX continue to rise in Asian markets
PTA, MEG & PX continue to rise in Asian markets
05
Dec '12
Paraxylene (PX) prices surged in the Asian region. In S E Asian region, PX prices went up in the range of US$ 1600/ton to US$ 1605/ton. In F E Asian market, PX prices were offered at US$ 1585/ton. Prices of PX imported from Taiwanese market increased and were assessed in the range of US$ 1590/ton to US$ 1595/ton.  
 
PTA prices went up in Asian markets. In S E Asian market, PTA prices surged in the range of US$ 1130/ton to US$ 1135/ton. In F E Asian market, PTA prices were assessed at US$ 1130/ton. Prices of PTA imported from Taiwanese market increased and were quoted in the range of US$ 1125/ton to US$ 1130/ton. In the Chinese domestic market, PTA prices surged in the range of RMB 8225/ton to RMB 8275/ton.        
 
Ethylene prices showed mixed trend in the Asian region. In S E Asian market, Ethylene prices increased in the range of US$ 1190/ton to US$ 1195/ton. In F E Asian region, Ethylene prices were quoted at US$ 1120/ton. In the US market, Ethylene prices stayed steady in the range of 50.50 cents/pound to 51.00 cents/pound. Ethylene prices were stable in European international and domestic markets at US$ 1200/ton and € 1080/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 went up in the range of US$ 1070/ton to US$ 1075/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7925/ton to RMB 7975/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 stable at RMB 9975/ton.     
 
In Korean market, FG PET Chips prices continued to be stable 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 remained steady and were offered in the range of RMB 9825/ton to RMB 9875/ton.
 
PSF prices increased in the Asian region. In F E Asian region, PSF prices were assessed at 1510/ton. In S E Asian market, PSF prices were quoted at US$ 1410/ton. In the Chinese domestic market, PSF prices stayed steady and were offered in the range of RMB 10525/ton to RMB 10575/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices increased and were marked at RMB 10900/ton, RMB 12350/ton and RMB 11225/ton, respectively. In export market, POY, DTY and FDY prices went up and were quoted at US$ 1495/ton, US$ 1690/ton and US$ 1530/ton, respectively.       
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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