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Asian PX, MEG & PSF prices drop
28
Feb '13
Paraxylene (PX) prices went down in Asian markets. In S E Asian region, PX prices declined and were offered in the range of US$ 1655/ton to US$ 1660/ton. In F E Asian market, PX prices were quoted at US$ 1630/ton. Prices of PX imported from Taiwanese market plunged down and were offered in the range of US$ 1675/ton to US$ 1680/ton.
 
PTA prices plunged down in the Asian region. In S E Asian market, PTA prices declined and were offered in the range of US$ 1145/ton to US$ 1150/ton. In F E Asian market, PTA prices were assessed at US$ 1155/ton. Prices of PTA imported from Taiwanese market declined and were offered in the range of US$ 1165/ton to US$ 1170/ton. In the Chinese domestic market, PTA prices went down and were quoted in the range of RMB 8400/ton to RMB 8450/ton.
 
Ethylene prices remained steady in Asian markets. In S E Asian market, Ethylene prices remained stable 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 and domestic markets, and were offered at US$ 1525/ton and € 1170/ton, respectively.
 
MEG prices went down in Asia. In S E Asian region, MEG prices were offered at US$ 1100/ton. In China market, MEG prices declined and were offered in the range of US$ 1120/ton to US$ 1125/ton. In the Chinese domestic market, MEG prices were stable and were offered in the range of RMB 8150/ton to RMB 8200/ton. 
 
In S E Asian region, BG PET Chips prices remained unchanged 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 declined to RMB 11150/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 declined in Asian markets. In F E Asian market, PSF prices were assessed 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 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 a steady trend and were offered 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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