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MEG prices remain steady in Asia market

25 Dec '12
3 min read

Paraxylene (PX) prices stayed stable in the Asian region. In S E Asian region, PX prices remained unchanged 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 offered in the range of US$ 1625/ton to US$ 1630/ton.     
 
PTA prices continued to be stable in Asian markets. In S E Asian market, PTA prices remained steady in the range of US$ 1145/ton to US$ 1150/ton. In F E Asian market, PTA prices were offered at US$ 1155/ton. Prices of PTA imported from Taiwanese market stayed stable and were assessed in the range of US$ 1150/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices remained stable in the range of RMB 8475/ton to RMB 8500/ton.
  
Ethylene prices were steady in Asian markets. In S E Asian market, Ethylene prices remained unchanged in the range of US$ 1290/ton to US$ 1295/ton. In F E Asian region, Ethylene prices were quoted at US$ 1195/ton. In the US market, Ethylene prices stayed stable in the range of 59.00 cents/pound to 59.50 cents/pound. Ethylene prices remained unchanged in European international and domestic markets at US$ 1380/ton and € 1055/ton, respectively.           
 
MEG prices continued to be stable in the Asian region. In S E Asian region, MEG prices remained unchanged and were quoted at US$ 1135/ton. In China market, MEG prices stayed stable 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 continued to be stable 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 offers were assessed in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices remained unchanged at RMB 10600/ton.     
 
In Korean market, FG PET Chips prices stayed stable in the range of US$ 1340/ton to US$ 1370/ton. In Indian market, FOB based prices were quoted in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, FG PET Chips prices stayed stable and were offered 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 quoted at 1570/ton. In S E Asian market, PSF prices were offered at US$ 1470/ton. In the Chinese domestic market, PSF prices stayed stable 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 continued to be stable 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 steady and were offered at US$ 1535/ton, US$ 1715/ton and US$ 1575/ton, respectively. 
 
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Fibre2fashion News Desk - India

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