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Ethylene prices decline in US & European markets
05
Apr '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices moved down and were quoted in the range of US$ 1455/ton to US$ 1460/ton. In F E Asian market, PX prices were assessed at US$ 1435/ton. Prices of PX imported from Taiwanese market moved up and were quoted in the range of US$ 1470/ton to US$ 1475/ton.
 
PTA prices remained stable in the Asian region. In S E Asian market, PTA prices stayed stable in the range of US$ 1060/ton to US$ 1065/ton. In F E Asian market, PTA prices were quoted at US$ 1060/ton. Prices of PTA imported from Taiwanese market increased and were offered in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices remained steady and were offered in the range of RMB 7775/ton to RMB 7825/ton.
 
Ethylene prices showed a stable trend in Asian markets. In S E Asian market, Ethylene prices were quoted in the range of US$ 1340/ton to US$ 1345/ton. In F E Asian region, Ethylene prices were assessed at US$ 1220/ton. In the US market, Ethylene prices dipped and were offered in the range of 60.50 cents/pound to 61.00 cents/pound. Ethylene prices declined in the European international and domestic markets, and were offered at US$ 1370/ton and € 1085/ton, respectively.
 
MEG prices showed mixed trend in Asia. In S E Asian region, MEG prices were offered at US$ 1005/ton. In the Chinese international market, MEG prices rose and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices stayed steady and were quoted in the range of RMB 7200/ton to RMB 7250/ton.
 
In S E Asian region, BG PET Chips prices were stable in the range of US$ 1500/ton to US$ 1550/ton and some deals were discussed in the range of US$ 1500/ton to US$ 1530/ton. In F E Asian market, selling offers were stable between US$ 1390/ton to US$ 1450/ton. In the Chinese market, BG PET Chips prices remained stable and were offered at RMB 10,000/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1240/ton to US$ 1260/ton. In Indian market, FOB based prices were steady in the range of US$ 1280/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices increased and they prevailed in the range of RMB 9375/ton to RMB 9425/ton.
 
PSF prices remained stable in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1450/ton. In S E Asian market, PSF selling prices were assessed at US$ 1350/ton. In the Chinese domestic market, PSF prices remained unchanged and were offered in the range of RMB 10075/ton to RMB 10125/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were offered at RMB 10,400/ton, RMB 12,100/ton, and RMB 10,800/ton, respectively. In export market, offers for POY, DTY, and FDY remained unchangedand were quoted at US$ 1410/ton, US$ 1640/ton, and US$ 1455/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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