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Paraxylene prices fall in Southeast Asian markets
25
Mar '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices decreased and were assessed in the range of US$ 1480/ton to US$ 1485/ton. In F E Asian market, PX prices were quoted at US$ 1460/ton. Prices of PX imported from Taiwanese market stayed steady and were assessed in the range of US$ 1500/ton to US$ 1505/ton.
 
PTA prices showed a mixed sentiment in the Asian region. In S E Asian market, PTA prices stayed steady and were offered in the range of US$ 1090/ton to US$ 1095/ton. In F E Asian market, PTA prices were assessed at US$ 1090/ton. Prices of PTA imported from Taiwanese market surged and were quoted in the range of US$ 1100/ton to US$ 1105/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 7925/ton to RMB 7975/ton.
 
Ethylene prices also showed a mixed sentiment in Asian markets. In S E Asian market, Ethylene prices were offered in the range of US$ 1370/ton to US$ 1375/ton. In F E Asian region, Ethylene prices were assessed at US$ 1210/ton. In the US market, Ethylene prices declined and were offered in the range of 64.00 cents/pound to 64.50 cents/pound. Ethylene prices dipped in the European international and domestic markets, and were assessed at US$ 1440/ton and € 1125/ton, respectively. 
 
MEG prices plunged in Asia. In S E Asian region, MEG prices were offered at US$ 1015/ton. In the Chinese international market, MEG prices declined and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7625/ton to RMB 7675/ton.
 
In S E Asian region, BG PET Chips prices were steady 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 maintained a stable trend at RMB 10500/ton.
 
In Korean market, FG PET Chips prices remained unchanged 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 were stable in the range of RMB 10300/ton to RMB 10350/ton.
 
PSF prices stayed steady in Asian markets. In F E Asian market, PSF prices were offered at US$ 1505/ton. In S E Asian market, PSF selling prices were offered at US$ 1405/ton. In the Chinese domestic market, PSF prices stayed steady and were assessed in the range of RMB 10300/ton to RMB 10450/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices dipped and were assessed at RMB 10850/ton, RMB 12400/ton, and RMB 11150/ton, respectively. In export market, offers for POY, DTY, and FDY declined and were quoted at US$ 1495/ton, US$ 1705/ton, and US$ 1525/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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