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Ethylene prices decrease in European domestic market
05
Jul '13
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the F E Asian market, PX prices were offered at US$ 1415/ton. Prices of PX imported from the Taiwanese market surged and were quoted in the range of US$ 1440/ton to US$ 1445/ton. 
 
PTA prices remained stable in the Asian region. In the S E Asian market, PTA prices were stable 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$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices remained stable and were offered in the range of RMB 7625/ton to RMB 7675/ton.   
 
Ethylene prices remained stable in the Asian region. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1295/ton to US$ 1300/ton. In the F E Asian region, Ethylene prices were offered at US$ 1225/ton. In the US market, Ethylene prices were unchanged and were quoted in the range of 57.50 cents/pound to 58.00 cents/pound. Ethylene prices were stable in the European international market at US$ 1295/ton, while the prices increased to € 1025/ton in the domestic market.
   
MEG prices showed mixed sentiments in Asia. In the S E Asian region, MEG prices surged and were assessed at US$ 975/ton. In the Chinese international market, MEG prices were stable in the range of US$ 960/ton to US$ 965/ton. In the Chinese domestic market, MEG prices rose and were assessed in the range of RMB 7175/ton to RMB 7225/ton.
 
In the S E Asian region, BG PET Chips prices remained stable in the range of US$ 1400/ton to US$ 1440/ton, and some deals were discussed in the range of US$ 1380/ton to US$ 1410/ton. In the F E Asian market, selling offers stayed stable in the range of US$ 1390/ton to US$ 1440/ton, while talked prices were between US$ 1380/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices stayed steady and were quoted at RMB 9600/ton.
 
In the Korean market, FG PET Chips prices remained unchanged 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 were stable and were assessed in the range of RMB 9350/ton to RMB 9400/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1455/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1355/ton. In the Chinese domestic market, PSF prices stayed stable and were offered in the range of RMB 9965/ton to RMB 10015/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY, and FDYremained stable at RMB 10350/ton, RMB 12000/ton, and RMB 10500/ton, respectively. In the export market, offers for POY, DTY, and FDY remained unchanged at US$ 1425/ton, US$ 1650/ton, and US$ 1430/ton, respectively.
 
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Fibre2fashion News Desk - India

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