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Polyester POY, DTY & FDY prices drop in China
13
Mar '13
Paraxylene (PX) prices showed a mixed trend in Asian markets. In S E Asian region, PX prices maintained a stable trend and were offered in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, PX prices were assessed at US$ 1540/ton. Prices of PX imported from Taiwanese market surged and were quoted in the range of US$ 1555/ton to US$ 1560/ton.
 
PTA prices plunged 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 quoted at US$ 1125/ton. Prices of PTA imported from Taiwanese market surged and were offered in the range of US$ 1125/ton to US$ 1130/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 7850/ton to RMB 7900/ton.
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices went down and were assessed in the range of US$ 1345/ton to US$ 1350/ton. In F E Asian region, Ethylene prices remained stable at US$ 1265/ton. In the US market, Ethylene prices surged and were offered in the range of 64.00 cents/pound to 64.50 cents/pound. Ethylene prices were stable in the European international market at US$ 1500/ton and dipped in the domestic market to € 1150/ton.
 
MEG prices declined in Asia. In S E Asian region, MEG prices were offered at US$ 1030/ton. In the Chinese international market, MEG prices surged and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, MEG prices decreased and were offered in the range of RMB 7650/ton to RMB 7700/ton.
 
In S E Asian region, BG PET Chips prices dropped in the range of US$ 1500/ton to US$ 1540/ton and some deals were discussed in the range of US$ 1490/ton to US$ 1530/ton. In F E Asian market, selling offers were between US$ 1480/ton to US$ 1530/ton. In the Chinese market, BG PET Chips prices declined to RMB 10500/ton.
 
In Korean market, FG PET Chips prices declined in the range of US$ 1330/ton to US$ 1350/ton. In Indian market, FOB based prices were assessed in the range of US$ 1360/ton to US$ 1380/ton. In the Chinese market, FG PET Chips prices remained unchanged in the range of RMB 10300/ton to RMB 10350/ton.
 
PSF prices stayed stable in Asian markets. In F E Asian market, PSF prices were offered at US$ 1565/ton. In S E Asian market, PSF selling prices were assessed at US$ 1465/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 10750/ton to RMB 10800/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices declined and were offered at RMB 11150/ton, RMB 12600/ton, and RMB 11500/ton, respectively. In export market, offers for POY, DTY, and FDY fell and were quoted at US$ 1535/ton, US$ 1730/ton, and US$ 1575/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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