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MEG prices increase in Chinese domestic market
12
Aug '13
Paraxylene (PX) prices remained steady in Asian markets. In the Southeast Asian region, PX prices stayed stable and were offered in the range of US$ 1485/ton to US$ 1490/ton. In the Fareast Asian market, PX prices were assessed at US$ 1470/ton. Prices of PX imported from Taiwanese market remained unchanged and were quoted in the range of US$ 1490/ton to US$ 1495/ton.   
 
PTA prices were stable in the Asian region. In the Southeast Asian market, PTA prices were stable in the range of US$ 1120/ton to US$ 1125/ton. In the Fareast Asian market, PTA prices were assessed at US$ 1125/ton. Prices of PTA imported from Taiwanese market stayed steady and were quoted in the range of US$ 1120/ton to US$ 1125/ton. In the Chinese domestic market, PTA prices declined and were offered in the range of RMB 7750/ton to RMB 7800/ton.   
 
Ethylene prices remained steady in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1290/ton to US$ 1295/ton. In the Fareast Asian region, Ethylene prices were offered at US$ 1240/ton. In the US market, Ethylene prices remained steady and were offered in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices were stable in the European international and domestic markets, and were assessed at US$ 1375/ton and €1070/ton, respectively.  
 
MEG prices were steady in Asia. In the Southeast Asian region, MEG prices remained stable and were offered at US$ 1105/ton. In the Chinese international market, MEG prices remained steady and were quoted in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 8275/ton to RMB 8300/ton.      
 
In the Southeast Asian region, BG PET Chips prices were stable and were quoted in the range of US$ 1420/ton to US$ 1460/ton and some deals were discussed at around US$ 1410/ton to US$ 1420/ton. In the Fareast Asian market, selling offers stayed stable at US$ 1400/ton to US$ 1440/ton, while talked prices were offered between US$ 1390/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices stayed stable and were offered at RMB 10100/ton.
 
In the Korean market, FG PET Chips prices remained unchanged and were assessed in the range of US$ 1240/ton to US$ 1270/ton. In Indian market, FOB based prices surged and were offered in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices surged and were quoted in the range of RMB 9500/ton to RMB 9550/ton.
 
PSF prices remained steady in Asian markets. In the Fareast Asian market, PSF prices were quoted at US$ 1475/ton. In the Southeast Asian market, PSF prices were assessed at US$ 1375/ton. In the Chinese domestic market, PSF prices stayed stable and were assessed in the range of RMB 10300/ton to RMB 10350/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY prices were stable at RMB 10500/ton, RMB 12050/ton, and RMB 10575/ton, respectively. In the export market, prices for POY, DTY, and FDY remained steady at US$ 1465/ton, US$ 1675/ton, and US$ 1460/ton, respectively.  
 
Click here to view and compare daily price trends
 

Fibre2fashion News Desk - India


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