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PSF prices increase in Asian markets
02
May '13
Paraxylene (PX) prices remained steady in Asian markets. In S E Asian region, PX prices kept unchanged and were assessed in the range of US$ 1445/ton to US$ 1450/ton. In F E Asian market, PX prices were quoted at US$ 1425/ton. Prices of PX imported from Taiwanese market stayed steady and were offered in the range of US$ 1445/ton to US$ 1450/ton.
 
PTA prices remained stable in the Asian region. In S E Asian market, PTA prices were unchanged in the range of US$ 1030/ton to US$ 1035/ton. In F E Asian market, PTA prices were offered at US$ 1030/ton. Prices of PTA imported from Taiwanese market remained steady and were offered in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 7650/ton to RMB 7700/ton.
 
Ethylene prices maintained steady trend in Asian markets. In S E Asian market, Ethylene prices were assessed in the range of US$ 1210/ton to US$ 1215/ton. In F E Asian region, Ethylene prices were quoted at US$ 1080/ton. In the US market, Ethylene prices maintained steady trend and were offered in the range of 57.50 cents/pound to 58.00 cents/pound. Ethylene prices kept stable in the European international and domestic markets, and were quoted at US$ 1185/ton and € 945/ton, respectively.
 
MEG prices remained stable in Asia. In S E Asian region, MEG prices were quoted at US$ 990/ton. In the Chinese international market, MEG prices were stable in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, MEG prices were steady and were offered in the range of RMB 7275/ton to RMB 7325/ton.
 
In S E Asian region, BG PET Chips prices remained unchanged in the range of US$ 1440/ton to US$ 1490/ton and some deals were discussed in the range of US$ 1430/ton to US$ 1440/ton. In F E Asian market, selling offers stayed unchanged between US$ 1410/ton to US$ 1470/ton. In the Chinese market, BG PET Chips prices remained stable and were quoted at RMB 10100/ton.
 
In Korean market, FG PET Chips prices remained steady in the range of US$ 1240/ton to US$ 1270/ton. In Indian market, FOB based prices were stable in the range of US$ 1290/ton to US$ 1330/ton. In the Chinese market, FG PET Chips prices remained unchanged and were offered in the range of RMB 9500/ton to RMB 9550/ton.
 
PSF prices increased in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1500/ton. In S E Asian market, PSF selling prices were offered at US$ 1400/ton. In the Chinese domestic market, PSF prices remained steady and were quoted in the range of RMB 10225/ton to RMB 10275/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY stayed steady at RMB 10650/ton, RMB 12250/ton, and 11200/ton, respectively. In export market, offers for POY, DTY, and FDY increased and were assessed at US$ 1480/ton, US$1695/ton, and US$ 1545/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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