Paraxylene prices increase in Asian markets

28 Jan '13

3 min read

Paraxylene (PX) prices increased in Asian markets. In S E Asian region, PX prices increased and were quoted in the range of US$ 1685/ton to US$ 1690/ton. In F E Asian market, PX prices were assessed at US$ 1670/ton. Prices of PX imported from Taiwanese market went up and were assessed in the range of US$ 1675/ton to US$ 1680/ton.

PTA prices stayed stable in the Asian region. In S E Asian market, PTA prices remained unchanged and were quoted in the range of US$ 1170/ton to US$ 1175/ton. In F E Asian market, PTA prices were offered at US$ 1185/ton. Prices of PTA imported from Taiwanese market went up and were assessed in the range of US$ 1180/ton to US$ 1185/ton. In the Chinese domestic market, PTA prices went down and were quoted in the range of RMB 8675/ton to RMB 8725/ton.

Ethylene prices showed mix trends in Asian markets. In S E Asian market, Ethylene prices were steady in the range of US$ 1390/ton to US$ 1395/ton. In F E Asian region, Ethylene prices were quoted at US$ 1350/ton. In the US market, Ethylene prices kept unchanged and were assessed in the range of 66.50 cents/pound to 67.00 cents/pound. Ethylene prices surged in the European international market to US$ 1550/ton and stayed stable in the domestic market at € 1150/ton.

MEG prices maintained a steady trend in Asia. In S E Asian region, MEG prices were unchanged at US$ 1170/ton. In China market, MEG prices were stable in the range of US$ 1165/ton to US$ 1170/ton. In the Chinese domestic market, MEG prices declined and were offered in the range of RMB 8650/ton to RMB 8700/ton.

In S E Asian region, BG PET Chips prices kept unchanged 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 and 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 steady 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 stable in the range of RMB 10875/ton to RMB 10925/ton.

PSF prices stayed steady in Asian markets. In F E Asian market, PSF prices were offered at US$ 1670/ton. In S E Asian market, PSF selling prices were quoted at US$ 1570/ton. In the Chinese domestic market, PSF prices were stable and were offered in the range of RMB 11575/ton to RMB 11625/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices were steady and quoted at RMB 11575/ton, RMB 12900/ton and RMB 12000/ton, respectively. In export market, offers for POY, DTY and FDY remained steady at US$ 1585/ton, US$ 1755/ton and US$ 1630/ton, respectively.

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Fibre2fashion News Desk - India

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