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PTA prices decline in Asian region
27
Aug '13
Paraxylene (PX) prices increased in Asian markets. In the Southeast Asian region, PX prices surged and were assessed in the range of US$ 1515/ton to US$ 1520/ton. In Far East Asian markets, PX prices were quoted at US$ 1495/ton. Prices of PX imported from the Taiwanese market swelled and were offered in the range of US$ 1505/ton to US$ 1510/ton.
 
PTA prices declined in the Asian region. In the Southeast Asian market, PTA prices dipped and were quoted in the range of US$ 1070/ton to US$ 1075/ton. In the Far East Asian market, PTA prices were quoted at US$ 1070/ton. Prices of PTA imported from the Taiwanese market declined and were quoted 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 remained steady in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1345/ton to US$ 1350/ton. In the Far East Asian region, Ethylene prices were offered at US$ 1215/ton. In the US market, Ethylene prices declined and were assessed in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices maintained a steady trend in the European international and domestic markets, and were quoted at US$ 1430/ton and €1085/ton, respectively.
 
MEG prices surged in Asian markets. In the Southeast Asian region, MEG prices increased and were assessed at US$ 1095/ton. In the Chinese international market, MEG prices were steady in the range of US$ 1070/ton to US$ 1075/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 8000/ton to RMB 8050/ton.
 
In the Southeast Asian region, BG PET Chips prices remained steady in the range of US$ 1440/ton to US$ 1480/ton, and some deals were discussed in the range of US$ 1430/ton to US$ 1470/ton. In the Far East Asian market, selling offers remained unchanged in the range of US$ 1440/ton to US$ 1470/ton, while talked prices were between US$ 1430/ton and US$ 1450/ton. In the Chinese market, BG PET Chips prices maintained a steady trend and were assessed at RMB 10150/ton.
 
In the Korean market, FG PET Chips prices remained steady, and were assessed in the range of US$ 1250/ton to US$ 1280/ton. In the Indian market, FOB based prices were stable in the range of US$ 1300/ton to US$ 1350/ton. In the Chinese market, FG PET Chips prices remained stable and were quoted in the range of RMB 9600/ton to RMB 9650/ton.
 
PSF prices maintained a steady trend in Asian markets. In the Far East Asian market, PSF prices were quoted at US$ 1520/ton. In the Southeast Asian market, PSF selling prices were assessed at US$ 1420/ton. In the Chinese domestic market, PSF prices maintained a steady trend and were quoted in the range of RMB 10350/ton to RMB 10375/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained steady at RMB 10650/ton, RMB 12150/ton, and RMB 10750/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1485/ton, US$ 1690/ton, and US$ 1485/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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