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MEG & PX prices increase in Asian region
11
Dec '12
Paraxylene (PX) prices increased in the Asian region. In S E Asian region, PX prices surged in the range of US$ 1640/ton to US$ 1645/ton. In F E Asian market, PX prices were offered at US$ 1635/ton. Prices of PX imported from Taiwanese market went down and were offered in the range of US$ 1640/ton to US$ 1650/ton.  
 
PTA prices showed mixed trend in Asian markets. In S E Asian market, PTA prices increased in the range of US$ 1150/ton to US$ 1155/ton. In F E Asian market, PTA prices were offered at US$ 1150/ton. Prices of PTA imported from Taiwanese market declined and were quoted in the range of US$ 1145/ton to US$ 1150/ton. In the Chinese domestic market, PTA prices increased in the range of RMB 8400/ton to RMB 8450/ton.        
 
Ethylene prices stayed stable in the Asian region. In S E Asian market, Ethylene prices kept unchanged in the range of US$ 1205/ton to US$ 1210/ton. In F E Asian region, Ethylene prices were offered at US$ 1170/ton. In the US market, Ethylene prices surged in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices remained steady in European international and domestic markets, and were offered at US$ 1190/ton and € 1060/ton, respectively.
 
MEG prices increased in the Asian region. In S E Asian region, MEG prices surged and were quoted at US$ 1105/ton. In China market, MEG prices increased in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, MEG prices went down in the range of RMB 8150/ton to RMB 8200/ton. 
 
In S E Asian region, BG PET Chips prices remained unchanged 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 increased to RMB 10450/ton.     
 
In Korean market, FG PET Chips prices remained steady 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 increased and were offered in the range of RMB 10250/ton to RMB 10300/ton. 
 
PSF prices stayed stable in the Asian region. In F E Asian region, PSF prices were assessed at 1570/ton. In S E Asian market, PSF prices were offered at US$ 1470/ton. In the Chinese domestic market, PSF prices surged and were quoted in the range of RMB 10825/ton to RMB 10875/ton.  
 
In the Chinese domestic market, Polyester DTY and FDY prices surged and were assessed at RMB 12450/ton and RMB 11500/ton, while POY prices continued to be stable and were quoted at RMB 11000/ton. In export market, offers for DTY and FDY increased and were assessed at US$ 1705/ton and US$ 1570/ton, while POY prices stayed stable and were quoted at US$ 1510/ton.     
 
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Fibre2fashion News Desk - India

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