Home / Knowledge / News / Textiles / PTA & Ethylene prices decline in Southeast Asian region
PTA & Ethylene prices decline in Southeast Asian region
04
Mar '13
Paraxylene (PX) prices stayed stable in Asian markets. In S E Asian region, PX prices remained unchanged and were quoted in the range of US$ 1655/ton to US$ 1660/ton. In F E Asian market, PX prices were quoted at US$ 1635/ton. Prices of PX imported from Taiwanese market went down and were offered in the range of US$ 1655/ton to US$ 1660/ton.
 
PTA prices plunged down in the Asian region. In S E Asian market, PTA prices declined and were assessed in the range of US$ 1140/ton to US$ 1145/ton. In F E Asian market, PTA prices were offered at US$ 1150/ton. Prices of PTA imported from Taiwanese market declined and were offered in the range of US$ 1160/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices went down and were quoted in the range of RMB 8150/ton to RMB 8200/ton.
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices declined and were quoted in the range of US$ 1430/ton to US$ 1435/ton. In F E Asian region, Ethylene prices were stable at US$ 1365/ton. In the US market, Ethylene prices surged and were quoted in the range of 62.00 cents/pound to 62.50 cents/pound. Ethylene prices remained unchanged in the European international market at US$ 1525/ton, and surged in domestic market to € 1175/ton.
 
MEG prices moved downwards in Asia. In S E Asian region, MEG prices were offered at US$ 1045/ton. In China market, MEG prices stayed stable and were offered in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices declined and were offered in the range of RMB 7800/ton to RMB 7850/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 at RMB 10850/ton.
 
In Korean market, FG PET Chips prices remained 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 went down in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1640/ton. In S E Asian market, PSF selling prices were offered at US$ 1570/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 11275/ton to RMB 11325/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices decreased and were assessed at RMB 11400/ton, RMB 12825/ton, and RMB 11850/ton, respectively. In export market, offers for POY, DTY, and FDY declined and were quoted at US$ 1570/ton, US$ 1760/ton, and US$ 1625/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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