PSF prices surge in Southeast & Far East Asian markets

17 May '13

3 min read

Paraxylene (PX) prices showed a mixed trend in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices were assessed at US$ 1405/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1430/ton to US$ 1435/ton.

PTA prices stayed steady in the Asian region. In the S E Asian market, PTA prices kept unchanged in the range of US$ 1050/ton to US$ 1055/ton. In the F E Asian market, PTA prices were quoted at US$ 1050/ton. Prices of PTA imported from the Taiwanese market declined and were assessed in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7675/ton to RMB 7725/ton.

Ethylene prices remained unchanged in Asian markets. In the S E Asian market, Ethylene prices were offered in the range of US$ 1250/ton to US$ 1255/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1110/ton. In the US market, Ethylene prices surged and were offered in the range of 61.00 cents/pound to 62.00 cents/pound. Ethylene prices stayed stable in the European international and domestic markets, and were quoted at US$ 1085/ton and € 865/ton, respectively.

MEG prices showed a mixed trend in Asia. In the S E Asian region, MEG prices were quoted at US$ 1000/ton. In the Chinese international market, MEG prices decreased and were offered in the range of US$ 995/ton to US$ 995/ton. In the Chinese domestic market, MEG prices remained stable and were offered in the range of RMB 7275/ton to RMB 7325/ton.

In the S E Asian region, BG PET Chips prices remained unchanged in the range of US$ 1440/ton to US$ 1460/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 stable between US$ 1420/ton to US$ 1460/ton, while discussions were in the range of US$ 1410/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices plunged and were quoted at RMB 10000/ton.

In the Korean market, FG PET Chips prices remained stable 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 declined and were offered in the range of RMB 9625/ton to RMB 9675/ton.

PSF prices surged in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1485/ton. In the S E Asian market, PSF selling prices were offered at US$ 1385/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 10175/ton to RMB 10225/ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10700/ton, RMB 12275/ton, and RMB 11200/ton, respectively. In the export market, offers for POY, DTY, and FDY increased to US$ 1490/ton, US$1705/ton, and US$ 1550/ton, respectively.

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Fibre2fashion News Desk - India

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