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Asian Ethylene, MEG prices show downtrend
25
Feb '13
Paraxylene (PX) prices stayed stable in Asian markets. In S E Asian region, PX prices remained unchanged and were offered in the range of US$ 1695/ton to US$ 1700/ton. In F E Asian market, PX prices were assessed at US$ 1675/ton. Prices of PX imported from Taiwanese market went down and were quoted in the range of US$ 1695/ton to US$ 1700/ton.
 
PTA prices kept unchanged in the Asian region. In S E Asian market, PTA prices stayed steady and were offered in the range of US$ 1165/ton to US$ 1170/ton. In F E Asian market, PTA prices were offered at US$ 1175/ton. Prices of PTA imported from Taiwanese market declined and were offered in the range of US$ 1170/ton to US$ 1175/ton. In the Chinese domestic market, PTA prices declined and were quoted in the range of RMB 8500/ton to RMB 8550/ton.
 
Ethylene prices went down in Asian markets. In S E Asian market, Ethylene prices declined and were offered in the range of US$ 1415/ton to US$ 1420/ton. In F E Asian region, Ethylene prices declined to US$ 1365/ton. In the US market, Ethylene prices stayed steady and were offered in the range of 62.00 cents/pound to 62.50 cents/pound. Ethylene prices increased in the European international and domestic markets, and were quoted at US$ 1525/ton and € 1165/ton, respectively.      
 
MEG prices declined in Asia. In S E Asian region, MEG prices were offered at US$ 1135/ton. In China market, MEG prices went down and were quoted in the range of US$ 1135/ton to US$ 1140/ton. In the Chinese domestic market, MEG prices increased and were offered in the range of RMB 8625/ton to RMB 8675/ton. 
 
In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1570/ton to US$ 1600/ton and some deals were discussed at around US$ 1560/ton to US$ 1590/ton. In F E Asian market, selling offers were between US$ 1550/ton to US$ 1580/ton. In the Chinese market, BG PET Chips prices declined to RMB 11200/ton.
 
In Korean market, FG PET Chips prices were steady in the range of US$ 1410/ton to US$ 1430/ton. In Indian market, FOB based prices were offered in the range of US$ 1420/ton to US$ 1460/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 10900/ton to RMB 10950/ton.
 
PSF prices continued to be steady in Asian markets. In F E Asian market, PSF prices were offered at US$ 1695/ton. In S E Asian market, PSF selling prices were assessed at US$ 1595/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 11625/ton to RMB 11675/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices maintained steady trend and were quoted at RMB 11650/ton, RMB 13000/ton, and RMB 12075/ton, respectively. In export market, offers for POY, DTY, and FDY were steady and at US$ 1605/ton, US$ 1785/ton, and US$ 1655/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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