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Ethylene prices increase in US market
24
Dec '12
Paraxylene (PX) prices showed mixed trend in the Asian region. In S E Asian region, PX prices went down in the range of US$ 1605/ton to US$ 1610/ton. In F E Asian market, PX prices were offered at US$ 1600/ton. Prices of PX imported from Taiwanese market were steady and were quoted in the range of US$ 1625/ton to US$ 1630/ton.     
 
PTA prices remained stable in Asian markets. In S E Asian market, PTA prices stayed stable 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 remained unchanged and were offered in the range of US$ 1150/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices continued to be stable in the range of RMB 8475/ton to RMB 8500/ton.
 
Ethylene prices showed mix trend in Asian markets. In S E Asian market, Ethylene prices shot up in the range of US$ 1290/ton to US$ 1295/ton. In F E Asian region, Ethylene prices were offered at US$ 1195/ton. In the US market, Ethylene prices surged in the range of 59.00 cents/pound to 59.50 cents/pound. Ethylene prices increased in European international market to US$ 1380/ton and remained steady in domestic market at € 1055/ton.           
 
MEG prices stayed stable in the Asian region. In S E Asian region, MEG prices were stable and were offered at US$ 1135/ton. In China market, MEG prices went down in the range of US$ 1130/ton to US$ 1135/ton. In the Chinese domestic market, MEG prices remained unchanged in the range of RMB 8475/ton to RMB 8500/ton. 
 
In S E Asian region, prices of BG PET Chips increased in the range of US$ 1470/ton to US$ 1520/ton and some deals were discussed in the range of US$ 1470/ton to US$ 1510/ton. In F E Asian market, selling prices were offered in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices increased at RMB 10600/ton.     
 
In Korean market, FG PET Chips prices surged in the range of US$ 1340/ton to US$ 1370/ton. In Indian market, FOB based prices were offered in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, FG PET Chips prices increased and were quoted in the range of RMB 10400/ton to RMB 10450/ton.  
 
PSF prices remained steady 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 offered in the range of RMB 10900/ton to RMB 10950/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged and were quoted at RMB 11200/ton, RMB 12550/ton and RMB 11550/ton, respectively. In export market, prices for POY, DTY and FDY were stable and were assessedat 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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