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Polyester POY, DTY & FDY prices surge in Chinese market
07
Dec '12
Paraxylene (PX) prices surged in the Asian region. In S E Asian region, PX prices increased in the range of US$ 1645/ton to US$ 1650/ton. In F E Asian market, PX prices were offered at US$ 1630/ton. Prices of PX imported from Taiwanese market went up and were assessed in the range of US$ 1625/ton to US$ 1630/ton.  
 
PTA prices surged in Asian markets. In S E Asian market, PTA prices went up in the range of US$ 1150/ton to US$ 1155/ton. In F E Asian market, PTA prices were offered at US$ 1155/ton. Prices of PTA imported from Taiwanese market surged and were quoted in the range of US$ 1135/ton to US$ 1140/ton. In the Chinese domestic market, PTA prices stayed steady in the range of RMB 8325/ton to RMB 8375/ton.        
 
Ethylene prices showed mixed trend in the Asian region. In S E Asian market, Ethylene prices increased in the range of US$ 1205/ton to US$ 1210/ton. In F E Asian region, Ethylene prices were quoted at US$ 1120/ton. In the US market, Ethylene prices continued to be steady in the range of 50.50 cents/pound to 51.00 cents/pound. Ethylene prices kept steady in European international and domestic markets, and were offered at US$ 1200/ton and € 1080/ton, respectively.        
 
MEG prices remained steady in the Asian region. In S E Asian region, MEG prices kept unchanged and were offered at US$ 1085/ton. In China market, MEG prices increased in the range of US$ 1080/ton to US$ 1085/ton. In the Chinese domestic market, MEG prices were stable in the range of RMB 8100/ton to RMB 8150/ton. 
 
In S E Asian region, BG PET Chips prices remained steady in the range of US$ 1440/ton to US$ 1490/ton and some deals were discussed in the range of US$ 1430/ton to US$ 1470/ton. In F E Asian market, selling offers were assessed in the range US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices stayed stable at RMB 10200/ton.     
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1300/ton to US$ 1340/ton. In Indian market, FOB based prices were quoted in the range of US$ 1330/ton to US$ 1370/ton. In the Chinese market, FG PET Chips prices stayed stable and were offered in the range of RMB 10000/ton to RMB 10050/ton.         
 
PSF prices increased in the Asian region. In F E Asian region, PSF prices were assessed at 1555/ton. In S E Asian market, PSF prices were offered at US$ 1455/ton. In the Chinese domestic market, PSF prices surged and were quoted in the range of RMB 10725/ton to RMB 10775/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices surged and were assessed at RMB 11000/ton, RMB 12400/ton and RMB 11400/ton, respectively. In export market, offers for POY, DTY and FDY prices increasedand were assessed at US$ 1510/ton, US$ 1695/ton and US$ 1555/ton, respectively.    
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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