Asian PX & Ethylene prices show mixed trends

11 Mar '13

3 min read

Paraxylene (PX) prices showed mixed trend in Asian markets. In S E Asian region, PX prices remained unchanged and were offered in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, PX prices were offered at US$ 1530/ton. Price of PX imported from Taiwanese market declined and were quoted in the range of US$ 1560/ton to US$ 1565/ton.

PTA prices declined in the Asian region. In S E Asian market, PTA prices went down and were offered in the range of US$ 1115/ton to US$ 1120/ton. In F E Asian market, PTA prices were assessed at US$ 1125/ton. Prices of PTA imported from Taiwanese market kept unchanged and were quoted in the range of US$ 1125/ton to US$ 1130/ton. In the Chinese domestic market, PTA prices stayed steady and were offered in the range of RMB 8100/ton to RMB 8150/ton.

Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices were steady and were assessed in the range of US$ 1395/ton to US$ 1400/ton. In F E Asian region, Ethylene prices declined to US$ 1265/ton. In the US market, Ethylene prices went down and were assessed in the range of 62.50 cents/pound to 63.00 cents/pound. Ethylene prices went down in the European international and domestic markets to US$ 1500/ton and € 1170/ton, respectively.

MEG prices plunged down in Asia. In S E Asian region, MEG prices were offered at US$ 1040/ton. In Chinese international market, MEG prices declined and were offered in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 7850/ton to RMB 7900/ton.

In S E Asian region, BG PET Chips prices remained steady 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 10650/ton.

In Korean market, FG PET Chips prices were stable 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 declined and were quoted in the range of RMB 10300/ton to RMB 10350/ton.

PSF prices went down in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1590/ton. In S E Asian market, PSF selling prices were assessed at US$ 1490/ton. In the Chinese domestic market, PSF prices went down and were offered in the range of RMB 10950/ton to RMB 11025/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were offered at RMB 11325/ton, RMB 12725/ton, and RMB 11650/ton, respectively. In export market, offers for POY, DTY, and FDY declined and were assessed at US$ 1555/ton, US$ 1740/ton, and US$ 1590/ton, respectively.

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Fibre2fashion News Desk - India

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