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PTA and PSF prices increase in Asian markets
01
Jul '13
Paraxylene (PX) prices showed mix sentiment in Asian markets. In the S E Asian region, PX prices were steady in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices were offered at US$ 1410/ton. Prices of PX imported from the Taiwanese market surged and were offered in the range of US$ 1425/ton to US$ 1430/ton. 
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices kept unchanged in the range of US$ 1065/ton to US$ 1070/ton. In the F E Asian market, PTA prices were offered at US$ 1065/ton. Prices of PTA imported from the Taiwanese market surged 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 assessed in the range of RMB 7575/ton to RMB 7625/ton. 
 
Ethylene prices showed mixed sentiment in Asian markets. In the S E Asian market, Ethylene prices were offered in the range of US$ 1295/ton to US$ 1300/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1225/ton. In the US market, Ethylene prices declined and were quoted in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices were stable in the European international as well as domestic markets, and were quoted at US$ 1295/ton and € 1010/ton, respectively.  
 
MEG prices decreased in Asia. In the S E Asian region, MEG prices declined and were offered at US$ 940/ton. In the Chinese international market, MEG prices dipped and were assessed in the range of US$ 935/ton to US$ 940/ton. In the Chinese domestic market, MEG prices remained unchanged and were quoted in the range of RMB 7025/ton to RMB 7075/ton.
 
In the S E Asian region, BG PET Chips prices remained unchanged in the range of US$ 1400/ton to US$ 1440/ton, and some deals were discussed in the range of US$ 1390/ton to US$ 1410/ton. In the F E Asian market, selling offers stayed unchanged in the range of US$ 1390/ton to US$ 1440/ton, while talked prices were between US$ 1370/ton and US$ 1390/ton. In the Chinese market, BG PET Chips prices declined and were quoted at RMB 9550/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 plunged and were offered in the range of RMB 9325/ton to RMB 9375/ton.
 
PSF prices surged in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1460/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1360/ton. In the Chinese domestic market, PSF prices remained unchanged and were assessed in the range of RMB 9975/ton to RMB 10025/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY, and FDY declined and were assessed at RMB 10350/ton, RMB 12000/ton, and RMB 10500/ton, respectively. In the export market, offers for POY, DTY, and FDY stayed stable at US$ 1430/ton, US$ 1655/ton, and US$ 1435/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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