PTA, MEG & PSF prices swell in Asian region

21 Jan '13

3 min read

Paraxylene (PX) prices showed mixed trend in Asian markets. In S E Asian region, PX prices stayed stable and were offered in the range of US$ 1655/ton to US$ 1660/ton. In F E Asian market, PX prices were assessed at US$ 1650/ton. Prices of PX imported from Taiwanese market surged and were quoted in the range of US$ 1660/ton to US$ 1665/ton.

PTA prices surged in the Asian region. In S E Asian market, PTA prices went up and were offered in the range of US$ 1180/ton to US$ 1185/ton. In F E Asian market, PTA prices were offered at US$ 1195/ton. Prices of PTA imported from Taiwanese market declined and were quoted in the range of US$ 1175/ton to US$ 1180/ton. In the Chinese domestic market, PTA prices moved down and were quoted in the range of RMB 8800/ton to RMB 8850/ton.

Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices remained stable and were offered in the range of US$ 1380/ton to US$ 1385/ton. In F E Asian region, Ethylene prices were assessed at US$ 1325/ton. In the US market, Ethylene prices remained steady and were quoted in the range of 65.00 cents/pound to 65.50 cents/pound. Ethylene prices surged in European international market to US$ 1500/ton, and remained steady in domestic market at € 1150/ton.

MEG prices increased in Asia. In S E Asian region, MEG prices surged and were offered at US$ 1185/ton. In China market, MEG prices went up and were offered in the range of US$ 1175/ton to US$ 1180/ton. In the Chinese domestic market, MEG prices increased and were quoted in the range of RMB 8850/ton to RMB 8890/ton.

In S E Asian region, BG PET Chips prices were stable in the range of US$ 1550/ton to US$ 1600/ton and some deals were discussed in the range of US$ 1540/ton to US$ 1580/ton. In F E Asian market, selling offers were around US$ 1520/ton to US$ 1560/ton. In the Chinese market, BG PET Chips prices were stable at RMB 11200/ton.

In Korean market, FG PET Chips prices stayed stable in the range of US$ 1430/ton to US$ 1450/ton. In Indian market, FOB based prices were quoted in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 10900/ton to RMB 10950/ton.

PSF prices increased in Asian markets. In F E Asian market, PSF prices were offered at US$ 1700/ton. In S E Asian market, PSF selling offers were quoted at US$ 1600/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 11675/ton to RMB 11725/ton.

In the Chinese domestic market, Polyester POY and DTY prices stayed stable and were quoted at RMB 11725/ton and RMB 12950/ton, respectively, while FDY prices inched down to RMB 12000/ton. In export market, offers for POY and DTY increased and were offered at US$ 1620/ton and US$ 1780/ton, respectively, while FDY prices kept steady at US$ 1645/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

More Textiles News - Global...