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Paraxylene prices dip in Asian markets
21
Dec '12
Paraxylene (PX) prices fell in Asian markets. In S E Asian region, PX prices declined in the range of US$ 1615/ton to US$ 1620/ton. In F E Asian market, PX prices were quoted at US$ 1590/ton. Prices of PX imported from Taiwanese market increased and were offered in the range of US$ 1625/ton to US$ 1630/ton.     
 
PTA prices stayed stable in Asian markets. In S E Asian market, PTA prices remained unchanged in the range of US$ 1145/ton to US$ 1150/ton. In F E Asian market, PTA prices were quoted at US$ 1155/ton. Prices of PTA imported from Taiwanese market went down and were offered in the range of US$ 1150/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices surged in the range of RMB 8475/ton to RMB 8500/ton.
 
Ethylene prices remained stable in Asian markets. In S E Asian market, Ethylene prices increased in the range of US$ 1285/ton to US$ 1290/ton. In F E Asian region, Ethylene prices were quoted at US$ 1195/ton. In the US market, Ethylene prices shot up in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices surged in European international market to US$ 1360/ton and stayed stable in domestic market at € 1055/ton.           
 
MEG prices continued to be stable in the Asian region. In S E Asian region, MEG prices were steady and were quoted at US$ 1135/ton. In China market, MEG prices went down in the range of US$ 1135/ton to US$ 1140/ton. In the Chinese domestic market, MEG prices went up in the range of RMB 8475/ton to RMB 8500/ton. 
  
In S E Asian region, prices of BG PET Chips 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 prices were offered in the range US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices stayed stable at RMB 10550/ton.     
 
In Korean market, FG PET Chips prices stayed stable in the range of US$ 1300/ton to US$ 1340/ton. In Indian market, FOB based prices were offered in the range of US$ 1330/ton to US$ 1370/ton. In the Chinese market, FG PET Chips prices remained stable and were assessed in the range of RMB 10325/ton to RMB 10350/ton.
 
PSF prices were steady in the Asian region. In F E Asian region, PSF prices were offered at 1570/ton. In S E Asian market, PSF prices were quoted at US$ 1470/ton. In the Chinese domestic market, PSF prices remained unchanged and were offered in the range of RMB 10875/ton to RMB 10900/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed stable and were assessed at RMB 11200/ton, RMB 12550/ton and RMB 11550/ton, respectively. In export market, prices for POY, DTY and FDY were steady and were offered at US$ 1535/ton, US$ 1715/ton and US$ 1575/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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