Raw material prices in polyester chain move up

27 Dec '12

3 min read

Paraxylene (PX) prices increased in the Asian market. In S E Asian region, PX prices surged in the range of US$ 1630/ton to US$ 1635/ton. In F E Asian market, PX prices were quoted at US$ 1615/ton. PX imported from Taiwanese market stayed stable and were offered in the range of US$ 1620/ton to US$ 1625/ton.

PTA prices surged in Asian market. In S E Asian market, PTA prices increased in the range of US$ 1155/ton to US$ 1160/ton. In F E Asian market, PTA prices were offered at US$ 1165/ton. PTA imported from Taiwanese market stayed unchanged and was quoted in the range of US$ 1150/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices went up in the range of RMB 8525/ton to RMB 8575/ton.

Ethylene prices remained steady in the Asian market. In S E Asian market, Ethylene prices remained stable in the range of US$ 1290/ton to US$ 1295/ton. In F E Asian region, Ethylene prices were assessed at US$ 1195/ton. In the U.S market, Ethylene prices were stable in the range of 60.00 cents/pound to 60.50 cents/pound. Ethylene prices kept inert in European international market and in domestic market were offered at US$ 1380/ton and € 1055/ton, respectively.

MEG prices went up in the Asian region. In S E Asian region, MEG prices increased and were assessed at US$ 1165/ton. In China market, MEG prices were steady in the range of US$ 1145/ton to US$ 1150/ton. In the Chinese domestic market, MEG prices increased in the range of RMB 8650/ton to RMB 8700/ton.

In S E Asian region, BG PET Chips steady in the range of US$ 1470/ton to US$ 1520/ton. Some deals were talked in range of US$ 1470/ton to US$ 1510/ton. In F E Asian market, selling offers were assessed in the range US$ 1440/ton to US$ 1480/ton. In Chinese market, BG PET Chips prices remained stable at RMB 10600/ton.

In Korean market, FG PET Chips prices were unchanged 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 stayed stable and were assessed in the range of RMB 10400/ton to RMB 10450/ton.

PSF prices increased in Asian region. In F E Asian region, PSF prices were assessed at 1595/ton. In S E Asian market, PSF prices were quoted at US$ 1495/ton. In the Chinese domestic market, PSF prices increased and offered in the range of RMB 10975/ton to RMB 11025/ton.

In Chinese domestic market, Polyester POY and DTY prices increased and were quoted at RMB 11350/ton and RMB 12700/ton, respectively while FDY prices were stable at RMB 11625/ton. In export market, offers for POY and DTY increased and were offered at US$ 1565/ton and US$ 1740/ton, respectively while FDY price was steady at US$ 1585/ton.

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Fibre2fashion News Desk - India

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