Home / Knowledge / News / Textiles / MEG, PTA & PSF prices dip in Asian markets
MEG, PTA & PSF prices dip in Asian markets
22
Jan '13
Paraxylene (PX) prices surged in Asian markets. In S E Asian region, PX prices increased and were quoted in the range of US$ 1660/ton to US$ 1665/ton. In F E Asian market, PX prices were offered at US$ 1655/ton. Prices of PX imported from Taiwanese market went up and were assessed in the range of US$ 1670/ton to US$ 1675/ton.
 
PTA prices went down in the Asian region. In S E Asian market, PTA prices declined and were quoted in the range of US$ 1175/ton to US$ 1180/ton. In F E Asian market, PTA prices were assessed at US$ 1190/ton. Prices of PTA imported from Taiwanese market increased and were quoted in the range of US$ 1190/ton to US$ 1195/ton. In the Chinese domestic market, PTA prices moved down and were offered in the range of RMB 8675/ton to RMB 8725/ton.
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices kept unchanged and were quoted in the range of US$ 1380/ton to US$ 1385/ton. In F E Asian region, Ethylene prices were offered at US$ 1325/ton. In the US market, Ethylene prices surged and were assessed in the range of 66.00 cents/pound to 66.50 cents/pound. Ethylene prices stayed stable in European international and domestic markets at US$ 1500/ton and € 1150/ton, respectively.
 
MEG prices declined in Asia. In S E Asian region, MEG prices decreased and were assessed at US$ 1180/ton. In China market, MEG prices increased and were offered in the range of US$ 1180/ton to US$ 1185/ton. In the Chinese domestic market, MEG prices went down and were offered in the range of RMB 8650/ton to RMB 8700/ton.
 
In S E Asian region, BG PET Chips prices remained steady 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 in the range of US$ 1520/ton to US$ 1560/ton. In the Chinese market, BG PET Chips prices dipped to RMB 11150/ton.
 
In Korean market, FG PET Chips prices remained unchanged 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 stayed steady in the range of RMB 10900/ton to RMB 10950/ton.
 
PSF prices went down in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1695/ton. In S E Asian market, PSF selling offers were assessed at US$ 1595/ton. In the Chinese domestic market, PSF prices went down and were quoted in the range of RMB 11625/ton to RMB 11675/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were quoted at RMB 11725/ton, RMB 12950/ton and RMB 12000/ton, respectively. In export market, offers for POY, DTY and FDY were unchanged at US$ 1620/ton, US$ 1780/ton and US$ 1645/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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