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PSF prices decline in Chinese domestic market
29
Aug '13
Paraxylene (PX) prices surged in Asian markets. In the Southeast Asian region, PX prices increased and were assessed in the range of US$ 1530/ton to US$ 1535/ton. In the Far East Asian market, PX prices were quoted at US$ 1510/ton. Prices of PX imported from the Taiwanese market surged and were assessed in the range of US$ 1515/ton to US$ 1520/ton. 
 
PTA prices increased in the Asian region. In the Southeast Asian market, PTA price increased and were quoted in the range of US$ 1080/ton to US$ 1085/ton. In the Far East Asian market, PTA prices were assessed at US$ 1085/ton. Prices of PTA imported from the Taiwanese market swelled and were assessed in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, PTA prices remained stable and were assessed in the range of RMB 7725/ton to RMB 7775/ton.   
 
Ethylene prices showed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1350/ton to US$ 1355/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1215/ton. In the US market, Ethylene prices remained steady and were quoted 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 market, and were assessed at US$ 1430/ton and €1085/ton, respectively. 
 
MEG prices remained stable in Asian markets. In the Southeast Asian region, MEG prices remain unchanged and were offered at US$ 1095/ton. In the Chinese international market, MEG prices surged and were quoted in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 8000/ton to RMB 8050/ton.        
 
In the Southeast Asian region, BG PET Chips prices maintained a steady trend, and were quoted in the range of US$ 1440/ton to US$ 1480/ton, and some deals were discussed at around US$ 1430/ton to US$ 1470/ton. In the Far East Asian market, selling offers remain unchanged at 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 increased and were assessed at RMB 10200/ton.
 
In the Korean market, FG PET Chips prices remained stable in the range of US$ 1250/ton to US$ 1280/ton. In the Indian market, FOB based prices maintained a steady trend, and were quoted in the range of US$ 1300/ton to US$ 1350/ton. In the Chinese market, FG PET Chips prices remain unchanged, and were quoted in the range of RMB 9600/ton to RMB 9650/ton.
 
PSF prices remained steady in Asian markets. In the Far East Asian market, PSF prices were assessed 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 declined 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 increased at RMB 10750/ton, RMB 12250/ton, and RMB 10800/ton, respectively. In the export market, prices of POY, DTY, and FDY increased and were assessed at US$ 1500/ton, US$ 1705/ton, and US$ 1495/ton, respectively.
 
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Fibre2fashion News Desk - India


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