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Ethylene prices decline in European domestic market
27
Feb '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$ 1675/ton to US$ 1680/ton. In F E Asian market, PX prices were quoted at US$ 1655/ton. Prices of PX imported from Taiwanese market went down and were offered in the range of US$ 1690/ton to US$ 1695/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$ 1160/ton to US$ 1165/ton. In F E Asian market, PTA prices were assessed at US$ 1170/ton. Prices of PTA imported from Taiwanese market remained unchanged and were offered in the range of US$ 1170/ton to US$ 1175/ton. In the Chinese domestic market, PTA prices went down and were quoted in the range of RMB 8450/ton to RMB 8500/ton.
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 1435/ton to US$ 1440/ton. In F E Asian region, Ethylene prices were stable at US$ 1365/ton. In the US market, Ethylene prices were steady and were offered in the range of 61.50 cents/pound to 62.00 cents/pound. Ethylene prices remained unchanged in the European international market US$ 1525/ton, and surged in domestic market to € 1170/ton.
 
MEG prices declined in Asia. In S E Asian region, MEG prices were offered at US$ 1130/ton. In China market, MEG prices remained stable and were offered in the range of US$ 1135/ton to US$ 1140/ton. In the Chinese domestic market, MEG prices declined and were offered in the range of RMB 8150/ton to RMB 8200/ton. 
 
In S E Asian region, BG PET Chips prices maintained a steady trend in the range of US$ 1570/ton to US$ 1600/ton and some deals were discussed in the range of 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 were steady at 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 maintained a steady trend 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 remained unchanged and were quoted at RMB 11600/ton, RMB 13000/ton, and RMB 12050/ton, respectively. In export market, offers for POY, DTY, and FDY were steady at US$ 1600/ton, US$ 1785/ton, and US$ 1650/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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