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FG PET Chips prices decline in Korean market
22
Jul '13
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.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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