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Ethylene prices dip in European international markets
31
Jan '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices went down and were offered in the range of US$ 1715/ton to US$ 1720/ton. In F E Asian market, PX prices were assessed at US$ 1695/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1700/ton to US$ 1725/ton.
 
PTA prices went down in the Asian region. In S E Asian market, PTA prices declined and were offered in the range of US$ 1175/ton to US$ 1180/ton. In F E Asian market, PTA prices were quoted at US$ 1190/ton. Prices of PTA imported from Taiwanese market increased and were offered in the range of US$ 1190/ton to US$ 1195/ton. In the Chinese domestic market, PTA prices remained steady and were assessed 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 surged and were offered in the range of US$ 1395/ton to US$ 1400/ton. In F E Asian region, Ethylene prices were unchanged at US$ 1350/ton. In the US market, Ethylene prices declined and were quoted in the range of 65.50 cents/pound to 66.50 cents/pound. Ethylene prices declined in the European international market to US$ 1540/ton and were steady in the domestic market at € 1150/ton.
 
MEG prices remained steady in Asia. In S E Asian region, MEG prices were unchanged and were quoted at US$ 1175/ton. In China market, MEG prices increased and were offered in the range of US$ 1170/ton to US$ 1175/ton. In the Chinese domestic market, MEG prices went down and were offered in the range of RMB 8750/ton to RMB 8775/ton. 
 
In S E Asian region, BG PET Chips prices were 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 surged to RMB 11400/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 kept unchanged 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 assessed at US$ 1570/ton. In the Chinese domestic market, PSF prices were steady 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 remained unchanged and were quoted at RMB 11550/ton, RMB 12900/ton and RMB 12000/ton, respectively. In export market, offers for POY, DTY and FDY 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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