Home / Knowledge / News / Textiles / PTA prices move up in China and Southeast Asia
PTA prices move up in China and Southeast Asia
22
May '13
Paraxylene (PX) prices remained stable in Asian markets. In the S E Asian region, PX prices stayed steady and were quoted in the range of US$ 1420/ton to US$ 1425/ton. In the F E Asian market, PX prices were assessed at US$ 1400/ton. Prices of PX imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 1425/ton to US$ 1430/ton.
 
PTA prices surged in the Asian region. In the S E Asian market, PTA prices increased and were quoted in the range of US$ 1060/ton to US$ 1065/ton. In the F E Asian market, PTA prices were offered at US$ 1060/ton. Prices of PTA imported from the Taiwanese market stayed stable and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, PTA prices moved up and were offered in the range of RMB 7800/ton to RMB 7850/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1280/ton to US$ 1285/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1130/ton. In the US market, Ethylene prices declined and were quoted in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices remained stable in the European international and domestic markets, and were quoted at US$ 1105/ton and € 865/ton, respectively.
 
MEG prices showed mixed trend in Asia. In the S E Asian region, MEG prices were offered at US$ 1000/ton. In the Chinese international market, MEG prices plunged and were offered in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, MEG prices kept unchanged and were offered in the range of RMB 7375/ton to RMB 7425/ton. 
 
In the S E Asian region, BG PET Chips prices remained stable 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 discussion prices were between US$ 1410/ton and US$ 1420/ton. In the Chinese market, BG PET Chips prices declined and were quoted at RMB 9975/ton.
 
In the Korean market, FG PET Chips prices remained unchanged 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 steady and were offered in the range of RMB 9550/ton to RMB 9600/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1485/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1385/ton. In the Chinese domestic market, PSF prices inched up and were offered 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 10600/ton, RMB 12250/ton, and RMB 11100/ton, respectively. In the export market, offers for POY, DTY, and FDY decreased to US$ 1460/ton, US$ 1685/ton, and US$ 1520/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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