FG PET Chips prices increase in Chinese market

25 Jul '13

3 min read

Paraxylene (PX) prices showed mixed trend in Asian markets. In the Southeast Asian region, PX prices stayed steady and were assessed in the range of US$ 1455/ton to US$ 1460/ton. In the Fareast Asian market, PX prices were assessed at US$ 1440/ton. Prices of PX imported from Taiwanese market declined and were offered in the range of US$ 1455/ton to US$ 1460/ton.

PTA prices declined in the Asian region. In the Southeast Asian market, PTA prices went down in the range of US$ 1080/ton to US$ 1085/ton. In the Fareast Asian market, PTA prices were offered at US$ 1085/ton. Prices of PTA imported from Taiwanese market increased and were offered in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, PTA prices stayed stable and were assessed in the range of RMB 7725/ton to RMB 7775/ton.

Ethylene prices were steady in Asian markets. In the Southeast Asian market, Ethylene prices were offered in the range of US$ 1215/ton to US$ 1220/ton. In the Fareast Asian region, Ethylene prices were quoted at US$ 1200/ton. In the US market, Ethylene prices remained steady and were quoted in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices remained unchanged in the European international and domestic markets, and were assessed at US$ 1325/ton and €1045/ton, respectively.

MEG prices declined in Asian markets. In the Southeast Asian region, MEG prices remained stable and were assessed at US$ 1070/ton. In the Chinese international market, MEG prices were steady in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7800/ton to RMB 7850/ton.

In the Southeast Asian region, BG PET Chips prices remained 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 remained unchanged and were assessed at RMB 10000/ton.

In the Korean market, FG PET Chips prices were stable in the range of US$ 1220/ton to US$ 1250/ton. In Indian market, FOB based prices declined 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 9375/ton to RMB 9425/ton.

PSF prices remained steady 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 were stable and were quoted in the range of RMB 10175/ton to RMB 10225/ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY were steady at RMB 10400/ton, RMB 12000/ton, and RMB 10500/ton, respectively. In the export market, prices for POY, DTY, and FDY were stable at US$ 1440/ton, US$ 1660/ton, and US$ 1445/ton, respectively.

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Fibre2fashion News Desk - India

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