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PSF prices decline in Asian region; PTA market up
25
Jan '13
Paraxylene (PX) prices maintained a steady trend in Asian markets. In S E Asian region, PX prices were stable in the range of US$ 1660/ton to US$ 1665/ton. In F E Asian market, PX prices were assessed at US$ 1650/ton. Prices of PX imported from Taiwanese market were steady in the range of US$ 1670/ton to US$ 1675/ton.
 
PTA prices surged in the Asian region. In S E Asian market, PTA prices increased and were quoted in the range of US$ 1170/ton to US$ 1175/ton. In F E Asian market, PTA prices were quoted at US$ 1185/ton. Prices of PTA imported from Taiwanese market decreased and were quoted in the range of US$ 1170/ton to US$ 1175/ton. In the Chinese domestic market, PTA prices surged and were offered in the range of RMB 8725/ton to RMB 8775/ton.
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices were unchanged in the range of US$ 1390/ton to US$ 1395/ton. In F E Asian region, Ethylene prices were quoted at US$ 1325/ton. In the US market, Ethylene prices surged and were offered in the range of 66.50 cents/pound to 67.00 cents/pound. Ethylene prices remained unchanged in European international and domestic markets, and were quoted at US$ 1500/ton and € 1150/ton, respectively.
 
MEG prices were steady in Asia. In S E Asian region, MEG prices were stable and were quoted at US$ 1170/ton. In China market, MEG prices stayed stable in the range of US$ 1165/ton to US$ 1170/ton. In the Chinese domestic market, MEG prices were steady and were quoted in the range of RMB 8750/ton to RMB 8800/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 between US$ 1520/ton to US$ 1560/ton. In the Chinese market, BG PET Chips prices remained steady at RMB 11150/ton.
 
In Korean market, FG PET Chips prices remained 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 10875/ton to RMB 10925/ton.
 
PSF prices went down in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1670/ton. In S E Asian market, PSF selling prices were offered at US$ 1570/ton. In the Chinese domestic market, PSF prices were unchanged and were quoted in the range of RMB 11575/ton to RMB 11625/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices were unchanged at RMB 11575/ton, RMB 12900/ton and RMB 12000/ton, respectively. In export market, offer prices of POY, DTY and FDY declined and were quoted at US$ 1585/ton, US$ 1755/ton and US$ 1630/ton, respectively.         
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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