Paraxylene (PX) prices shot up in Asian markets. In the Southeast Asian region, PX prices increased and were offered in the range of US$ 1450/ton to US$ 1455/ton. In the Fareast Asian market, PX prices were assessed at US$ 1430/ton. Prices of PX imported from Taiwanese market went down and were assessed in the range of US$ 1445/ton to US$ 1450/ton.
In the export market, prices for POY, DTY, and FDY declined and were quoted at US$ #
PTA prices increased in the Asian region. In the Southeast Asian market, PTA prices went up in the range of US$ 1065/ton to US$ 1070/ton. In the Fareast Asian market, PTA prices were offered at US$ 1070/ton. Prices of PTA imported from Taiwanese market decreased and were assessed in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, PTA prices decreased and were assessed in the range of RMB 7700/ton to RMB 7750/ton.
Ethylene prices followed mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1265/ton to US$ 1270/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 53.50 cents/pound to 54.00 cents/pound. Ethylene prices went down in the European international market and went up in the European domestic market, and were offered at US$ 1300/ton and €1035/ton, respectively.
MEG prices remained stable in Asia. In the Southeast Asian region, MEG prices stayed stable 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 7425/ton to RMB 7475/ton.
In the Southeast Asian region, BG PET Chips prices declined and were quoted in the range of US$ 1390/ton to US$ 1430/ton and some deals were discussed at around US$ 1380/ton to US$ 1400/ton. In the Fareast Asian market, selling offers declined and were assessed at US$ 1390/ton to US$ 1430/ton, while talked prices were offered between US$ 1370/ton and US$ 1390/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 went down in the range of US$ 1220/ton to US$ 1250/ton. In Indian market, FOB based prices declined and were quoted in the range of US$ 1270/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices increased and were quoted in the range of RMB 9325/ton to RMB 9375/ton.
PSF prices went down in Asian markets. In the Fareast Asian market, PSF prices were offered at US$ 1465/ton. In the Southeast Asian market, PSF prices were assessed at US$ 1365/ton. In the Chinese domestic market, PSF prices went down and were assessed in the range of RMB 10005/ton to RMB 10055/ton.
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged at RMB 10350/ton, RMB 11950/ton, and RMB 10425/ton, respectively. In the export market, prices for POY, DTY, and FDY declined and were quoted at US$ 1425/ton, US$ 1645/ton, and US$ 1420/ton, respectively.
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Fibre2fashion News Desk - India