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Ethylene prices increase in US market
12
Jul '13
Paraxylene (PX) prices went up in Asian markets. In the Southeast Asian region, PX prices increased and were assessed in the range of US$ 1455/ton to US$ 1460/ton. In the Fareast Asian market, PX prices were offered at US$ 1435/ton. Prices of PX imported from Taiwanese market stayed stable and were offered in the range of US$ 1435/ton to US$ 1440/ton. 
           
PTA prices went up in the Asian region. In the Southeast Asian market, PTA prices increased in the range of US$ 1065/ton to US$ 1070/ton. In the Fareast Asian market, PTA prices were offered at US$ 1065/ton. Prices of PTA imported from 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 7700/ton to RMB 7750/ton.  
 
Ethylene prices showed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1280/ton to US$ 1285/ton. In the Fareast Asian region, Ethylene prices were offered at US$ 1230/ton. In the US market, Ethylene prices shot up and were quoted in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices were stable in the European international and domestic markets, and were witnessed at US$ 1295/ton and €1030/ton, respectively.  
   
MEG prices increased in Asia. In the Southeast Asian region, MEG prices surged and were assessed at US$ 1025/ton. In the Chinese international market, MEG prices went up in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7395/ton to RMB 7445/ton.         
 
In the Southeast Asian region, BG PET Chips prices were stable in the range of US$ 1400/ton to US$ 1440/ton and some deals were discussed at around US$ 1380/ton to US$ 1410/ton. In the Fareast Asian market, selling offers stayed stable at US$ 1390/ton to US$ 1440/ton, while talked prices were offered between US$ 1380/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices went up and were quoted at RMB 9775/ton.
 
In the Korean market, FG PET Chips prices remained unchanged in the range of US$ 1230/ton to US$ 1260/ton. In 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 decreased and were assessed in the range of RMB 9300/ton to RMB 9350/ton.
 
PSF prices went up in Asian markets. In the Fareast Asian market, PSF prices were offered at US$ 1465/ton. In the Southeast Asian market, PSF prices were offered at US$ 1365/ton. In the Chinese domestic market, PSF prices went up and were offered in the range of RMB 10015/ton to RMB 10065/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10350/ton, RMB 11950/ton, and RMB 10425/ton, respectively. In the export market, prices for POY, DTY, and FDY were stable at US$ 1430/ton, US$ 1650/ton, and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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