Paraxylene prices move up in Asian markets

11 Jun '13

3 min read

Paraxylene (PX) prices inched up in Asian markets. In the S E Asian region, PX prices increased and were quoted in the range of US$ 1450/ton to US$ 1455/ton. In the F E Asian market, PX prices were assessed at US$ 1430/ton. Prices of PX imported from the Taiwanese market remained stable and were assessed in the range of US$ 1440/ton to US$ 1445/ton.

PTA prices remained unchanged in the Asian region. In the S E Asian market, PTA prices stayed steady in the range of US$ 1060/ton to US$ 1065/ton. In the F E Asian market, PTA prices were assessed at US$ 1060/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices stayed stable and were offered in the range of RMB 7750/ton to RMB 7800/ton.

Ethylene prices stayed stable in the Asian region. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1260/ton to US$ 1265/ton. In the F E Asian region, Ethylene prices were offered at US$ 1160/ton. In the US market, Ethylene prices remained unchanged and were quoted in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices stayed stable in the European international as well as domestic markets, and were quoted at US$ 1230/ton and € 985/ton, respectively.

MEG prices showed a mixed trend in Asia. In the S E Asian region, MEG prices were quoted at US$ 950/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, MEG prices stayed steady and were offered in the range of RMB 7000/ton to RMB 7050/ton.

In the S E Asian region, BG PET Chips prices plunged and were assessed in the range of US$ 1420/ton to US$ 1440/ton, and some deals were discussed in the range of US$ 1410/ton to US$ 1420/ton. In the F E Asian market, selling offers declined and were in the range of US$ 1390/ton to US$ 1430/ton, while talked prices were between US$ 1380/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices stayed stable and were quoted at RMB 9850/ton.

In the Korean market, FG PET Chips prices remained stable in the range of US$ 1230/ton to US$ 1260/ton. In the Indian market, FOB based prices were steady in the range of US$ 1280/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices stayed stable and were offered in the range of RMB 9375/ton to RMB 9425/ton.

PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1465/ton. In the S E Asian market, PSF selling prices were offered at US$ 1365/ton. In the Chinese domestic market, PSF prices remained stable and were offered in the range of RMB 10025/ton to RMB 10075/ton.

In the Chinese domestic market, pricesof Polyester POY, DTY and FDY remained stable at RMB 10475/ton, RMB 12050/ton, and RMB 10700/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1450/ton, US$ 1665/ton, and US$ 1470/ton, respectively.

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Fibre2fashion News Desk - India

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