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Ethylene prices surge in European domestic market

19 Jul '13
3 min read

Paraxylene (PX) prices stayed stable in Asian markets. In the Southeast Asian region, PX prices remained unchanged and were assessed in the range of US$ 1450/ton to US$ 1455/ton. In the Fareast Asian market, PX prices were offered at US$ 1430/ton. Prices of PX imported from Taiwanese market stayed steady and were offered in the range of US$ 1445/ton to US$ 1450/ton. 
           
PTA prices went down in the Asian region. In the Southeast Asian market, PTA prices went up in the range of US$ 1060/ton to US$ 1065/ton. In the Fareast Asian market, PTA prices were assessed at US$ 1065/ton. Prices of PTA imported from Taiwanese market surged and were assessed in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, PTA prices remained steady and were offered 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$ 1235/ton to US$ 1240/ton. In the Fareast Asian region, Ethylene prices were assessed at US$ 1225/ton. In the US market, Ethylene prices stayed stable and were assessed in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices remained stable in the European international market and went up in the European domestic market, and were offered at US$ 1300/ton and €1045/ton, respectively.  
   
MEG prices surged in Asia. In the Southeast Asian region, MEG prices surged and were offered at US$ 1035/ton. In the Chinese international market, MEG prices went up in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, MEG prices went up and were quoted in the range of RMB 7550/ton to RMB 7600/ton.         
 
In the Southeast Asian region, BG PET Chips prices declined and were assessed 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 quoted 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 remained 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 went down and were offered in the range of US$ 1270/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices declined and were assessed in the range of RMB 9250/ton to RMB 9300/ton.
 
PSF prices went down in Asian markets. In the Fareast Asian market, PSF prices were offered at US$ 1450/ton. In the Southeast Asian market, PSF prices were assessed at US$ 1350/ton. In the Chinese domestic market, PSF prices went up and were assessed in the range of RMB 10025/ton to RMB 10075/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY stayed steady 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$ 1415/ton, US$ 1630/ton, and US$ 1410/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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