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MEG prices increase in Southeast Asian region
08
May '13
Paraxylene (PX) prices decreased in Asian markets. In S E Asian region, PX prices increased and were assessed in the range of US$ 1430/ton to US$ 1435/ton. In F E Asian market, PX prices were quoted at US$ 1410/ton. Prices of PX imported from the Taiwanese market increased and were offered in the range of US$ 1445/ton to US$ 1450/ton.
 
PTA prices moved down in the Asian region. In S E Asian market, PTA prices declined in the range of US$ 1040/ton to US$ 1045/ton. In F E Asian market, PTA prices were offered at US$ 1040/ton. Prices of PTA imported from the Taiwanese market surged and were offered in the range of US$ 1040/ton to US$ 1045/ton. In the Chinese domestic market, PTA prices increased and were assessed in the range of RMB 7725/ton to RMB 7775/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1215/ton to US$ 1220/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1080/ton. In the US market, Ethylene prices remained unchanged and were offered in the range of 54.50 cents/pound to 55.00 cents/pound. Ethylene prices were stable in the European international and domestic markets, and were quoted at US$ 1185/ton and € 945/ton, respectively.
 
MEG prices increased in Asia. In S E Asian region, MEG prices were quoted at US$ 995/ton. In the Chinese international market, MEG prices remained stable and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, MEG prices stayed stable and were offered in the range of RMB 7375/ton to RMB 7425/ton.
 
In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1440/ton to US$ 1470/ton and some deals were discussed in the range of US$ 1420/ton to US$ 1450/ton. In the F E Asian market, selling offers stayed steady between US$ 1410/ton to US$ 1460/ton, while discussion was in the range of US$ 1400/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices swelled and were quoted at RMB 10125/ton.
 
In the Korean market, FG PET Chips prices remained steady in the range of US$ 1240/ton to US$ 1270/ton. In the 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 stable and were offered in the range of RMB 9650/ton to RMB 9700/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1500/ton. In the S E Asian market, PSF selling prices were offered at US$ 1400/ton. In the Chinese domestic market, PSF prices remained stable and were quoted in the range of RMB 10300/ton to RMB 10350/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10750/ton, RMB 12250/ton, and RMB 11250/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1480/ton, US$1680/ton, and 1540/ton, respectively.
 
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