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Paraxylene prices dip in Southeast Asian region

29 Jul '13
3 min read

Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices went down 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$ 1440/ton. Prices of PX imported from Taiwanese market remained unchanged and were quoted in the range of US$ 1455/ton to US$ 1460/ton. 
           
PTA prices stayed steady in the Asian region. In the Southeast Asian market, PTA prices stayed stable and were quoted in the range of US$ 1085/ton to US$ 1090/ton. In the Fareast Asian market, PTA prices were offered at US$ 1090/ton. Prices of PTA imported from Taiwanese market surged and were assessed in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, PTA prices were stable and were offered in the range of RMB 7725/ton to RMB 7775/ton.   
 
Ethylene prices followed mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1215/ton to US$ 1220/ton. In the Fareast Asian region, Ethylene prices were assessed at US$ 1190/ton. In the US market, Ethylene prices declined and were assessed in the range of 53.00 cents/pound to 53.50 cents/pound. Ethylene prices surged in the European international market and were stable in the European domestic market, and were assessed at US$ 1335/ton and €1045/ton, respectively.  
   
MEG prices declined in Asian markets. In the Southeast Asian region, MEG prices went down and were assessed at US$ 1075/ton. In the Chinese international market, MEG prices increased in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 7825/ton to RMB 7875/ton.           
 
In the Southeast Asian region, BG PET Chips prices were steady and were offered 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 steady and were offered at RMB 10000/ton.
 
In the Korean market, FG PET Chips prices were steady and were quoted in the range of US$ 1220/ton to US$ 1250/ton. In Indian market, FOB based prices declined and were assessed in the range of US$ 1270/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices remained stable and were offered in the range of RMB 9350/ton to RMB 9400/ton.
 
PSF prices increased in Asian markets. In the Fareast Asian market, PSF prices were quoted at US$ 1475/ton. In the Southeast Asian market, PSF prices were quoted at US$ 1375/ton. In the Chinese domestic market, PSF prices remained steady 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 were stable at RMB 10400/ton, RMB 12000/ton, and RMB 10525/ton, respectively. In the export market, prices for POY, DTY, and FDY surged and were assessed at US$ 1445/ton, US$ 1665/ton, and US$ 1450/ton, respectively.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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