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PX, PTA & MEG prices soar in Asian markets
06
Mar '13
Paraxylene (PX) prices increased in Asian markets. In S E Asian region, PX prices surged and were offered in the range of US$ 1570/ton to US$ 1575/ton. In F E Asian market, PX prices were assessed at US$ 1550/ton. Prices of PX imported from Taiwanese market declined and were quoted in the range of US$ 1530/ton to US$ 1535/ton.
 
PTA prices surged in the Asian region. In S E Asian market, PTA prices increased and were assessed in the range of US$ 1120/ton to US$ 1125/ton. In F E Asian market, PTA prices were quoted at US$ 1130/ton. Prices of PTA imported from Taiwanese market went down and were assessed in the range of US$ 1120/ton to US$ 1125/ton. In the Chinese domestic market, PTA prices surged and were offered in the range of RMB 8225/ton to RMB 8275/ton.
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices remained unchanged and were offered in the range of US$ 1430/ton to US$ 1435/ton. In F E Asian region, Ethylene prices were steady at US$ 1355/ton. In the US market, Ethylene prices were stable and were offered in the range of 62.50 cents/pound to 63.00 cents/pound. Ethylene prices remained steady in the European international and domestic markets at US$ 1525/ton and € 1175/ton, respectively.      
 
MEG prices surged in Asia. In S E Asian region, MEG prices were offered at US$ 1055/ton. In China market, MEG prices went down and were offered in the range of US$ 1040/ton to US$ 1045/ton. In the Chinese domestic market, MEG prices stayed steady and were assessed in the range of RMB 8000/ton to RMB 8050/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 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 stable at RMB 10850/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 unchanged in the range of RMB 10500/ton to RMB 10550/ton.
 
PSF prices declined in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1595/ton. In S E Asian market, PSF selling prices were quoted at US$ 1495/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 11125/ton to RMB 11175/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed stable and were offered at RMB 11325/ton, RMB 12725/ton, and RMB 11650/ton, respectively. In export market, offer prices for POY, DTY, and FDY decreased and were assessed at US$ 1535/ton, US$ 1720/ton, and US$ 1570/ton,respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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