FG PET Chips prices decline in Korean market

22 Jul '13

3 min read

Paraxylene (PX) prices surged in Asian markets. In the Southeast Asian region, PX prices increased and were offered in the range of US$ 1460/ton to US$ 1465/ton. In the Fareast Asian market, PX prices were assessed at US$ 1445/ton. Prices of PX imported from Taiwanese market went up and were quoted in the range of US$ 1450/ton to US$ 1455/ton.

PTA prices went up in the Asian region. In the Southeast Asian market, PTA prices surged in the range of US$ 1065/ton to US$ 1070/ton. In the Fareast Asian market, PTA prices were quoted at US$ 1070/ton. Prices of PTA imported from Taiwanese market went down and were offered in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, PTA prices increased and were assessed in the range of RMB 7725/ton to RMB 7775/ton.

Ethylene prices went down in Asian markets. In the Southeast Asian market, Ethylene prices were offered in the range of US$ 1230/ton to US$ 1235/ton. In the Fareast Asian region, Ethylene prices were quoted at US$ 1200/ton. In the US market, Ethylene prices surged 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 were steady in the European domestic market, and were assessed at US$ 1325/ton and €1045/ton, respectively.

MEG prices increased in Asia. In the Southeast Asian region, MEG prices went up and were offered at US$ 1060/ton. In the Chinese international market, MEG prices went up in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, MEG prices went up and were quoted in the range of RMB 7650/ton to RMB 7700/ton.

In the Southeast Asian region, BG PET Chips prices were steady 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 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 surged and were assessed at RMB 9900/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 surged and were assessed in the range of RMB 9325/ton to RMB 9375/ton.

PSF prices declined in Asian markets. In the Fareast Asian market, PSF prices were offered at US$ 1415/ton. In the Southeast Asian market, PSF prices were assessed at US$ 1315/ton. In the Chinese domestic market, PSF prices went up and were assessed in the range of RMB 10175/ton to RMB 10225/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 assessed at US$ 1375/ton, US$ 1590/ton, and US$ 1370/ton, respectively.

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Fibre2fashion News Desk - India

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