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Ethylene prices surge in European international market

15 Jul '13
3 min read

Paraxylene (PX) prices went down in Asian markets. In the Southeast Asian region, PX prices decreased and were assessed in the range of US$ 1440/ton to US$ 1445/ton. In the Fareast Asian market, PX prices were offered at US$ 1425/ton. Prices of PX imported from Taiwanese market went up and were offered in the range of US$ 1455/ton to US$ 1460/ton. 
           
PTA prices showed a mixed trend in the Asian region. In the Southeast Asian market, PTA prices went down in the range of US$ 1060/ton to US$ 1065/ton. In the Fareast Asian market, PTA prices were offered at US$ 1065/ton. Prices of PTA imported from Taiwanese market went up and were quoted in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, PTA prices went up and were offered in the range of RMB 7725/ton to RMB 7775/ton.   
 
Ethylene prices showed 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$ 1225/ton. In the US market, Ethylene prices went down and were quoted in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices surged in the European international market while prices of Ethylene were stable in the European domestic market, and were witnessed at US$ 1300/ton and €1030/ton, respectively.  
   
MEG prices showed mixed sentiments in Asia. In the Southeast Asian region, MEG prices declined and were assessed at US$ 1010/ton. In the Chinese international market, MEG prices went up in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 7375/ton to RMB 7425/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 increased and were assessed in the range of RMB 9325/ton to RMB 9375/ton.
 
PSF prices remained stable 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 stayed stable 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 stayed 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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