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Ethylene prices surge in European international market

17 Jul '13
3 min read

Paraxylene (PX) prices showed mixed trend in Asian markets. In the Southeast Asian region, PX prices remained steady and were assessed in the range of US$ 1445/ton to US$ 1450/ton. In the Fareast Asian market, PX prices were assessed at US$ 1425/ton. Prices of PX imported from Taiwanese market went up and were assessed in the range of US$ 1450/ton to US$ 1455/ton. 
           
PTA prices declined 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 increased and were assessed in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, PTA prices surged and were assessed in the range of RMB 7725/ton to RMB 7775/ton.   
 
Ethylene prices followed mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1270/ton to US$ 1275/ton. In the Fareast Asian region, Ethylene prices were assessed at US$ 1225/ton. In the US market, Ethylene prices declined and were quoted in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices surged in the European international market and remained stable in the European domestic market, and were offered at US$ 1305/ton and €1030/ton, respectively.  
   
MEG prices surged in Asian markets. In the Southeast Asian region, MEG prices increased and were offered at US$ 1015/ton. In the Chinese international market, MEG prices remained stable in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, MEG prices went up and were quoted in the range of RMB 7375/ton to RMB 7425/ton.         
 
In the Southeast Asian region, BG PET Chips prices were steady 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 stayed stable and were assessed at RMB 9800/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 declined and were quoted in the range of RMB 9300/ton to RMB 9350/ton.
 
PSF prices surged in Asian markets. In the Fareast Asian market, PSF prices were offered at US$ 1470/ton. In the Southeast Asian market, PSF prices were assessed at US$ 1370/ton. In the Chinese domestic market, PSF prices remained steady and were assessed in the rangeof 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 steady 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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