Asian PX & PTA prices dip, MEG shows mixed trends

28 Mar '13

3 min read

Paraxylene (PX) prices went down in Asian markets. In S E Asian region, PX prices declined and were assessed in the range of US$ 1420/ton to US$ 1425/ton. In F E Asian market, PX prices were quoted at US$ 1400/ton. PX imported from Taiwanese market moved down and was assessed in the range of US$ 1475/ton to US$ 1480/ton.

PTA prices too went down in the Asian region. In S E Asian market, PTA prices were offered in the range of US$ 1045/ton to US$ 1050/ton. In F E Asian market, PTA prices were assessed at US$ 1045/ton.

PTA imported from Taiwanese market decreased and was quoted in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 7675/ton to RMB 7725/ton.

Ethylene prices showed a mixed trend in Asian markets. In S E Asian market, Ethylene prices were offered in the range of US$ 1375/ton to US$ 1380/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 63.50 cents/pound to 64.00 cents/pound. Ethylene prices remained stable in the European international market and in the domestic market, and were assessed at US$ 1440/ton and € 1125/ton, respectively.

MEG prices showed a mixed trend in Asia. In S E Asian region, MEG prices were offered at US$ 995/ton. In Chinese international market, MEG prices declined and were quoted in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, MEG prices moved down and were assessed in the range of RMB 7315/ton to RMB 7365/ton.

In S E Asian region, BG PET Chips prices declined in the range of US$ 1500/ton to US$ 1550/ton. Some deals were discussed at around US$ 1500/ton to US$ 1530/ton. In F E Asian market, selling offers were between US$ 1410/ton to US$ 1470/ton. In the Chinese market, BG PET Chips prices went down and were offered at RMB 10200/ton.

In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based prices were assessed in the range of US$ 1300/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices decreased in the range of RMB 9625/ton to RMB 9675/ton.

PSF prices followed a downward trend in Asian markets. In F E Asian market, PSF prices were offered at US$ 1465/ton. In S E Asian market, PSF selling prices were offered at US$ 1365/ton. In the Chinese domestic market, PSF prices went down and were assessed in the range of RMB 10175/ton to RMB 10225/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices went down and were assessed at RMB 10500/ton, RMB 12200/ton, and RMB 10950/ton, respectively. In export market, offers for POY, DTY, and FDY declined and were quoted at US$ 1425/ton, US$ 1655/ton, and US$ 1475/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

More Textiles News - Global...