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MEG prices decline in Asian markets
11
Sep '13
Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices decreased and were quoted in the range of US$ 1500/ton to US$ 1505/ton. In the Far East Asian market, PX prices were assessed at US$ 1485/ton. Prices of PX imported from the Taiwanese market increased and were quoted in the range of US$ 1510/ton to US$ 1515/ton.
 
PTA prices dipped in the Asian region. In the Southeast Asian market, PTA prices plunged and were assessed 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 surged and were assessed in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, PTA prices maintained a steady trend and were quoted in the range of RMB 7750/ton to RMB 7800/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1370/ton to US$ 1375/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1240/ton. In the US market, Ethylene prices remained stable and were quoted in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices remained unchanged in the European international market and domestic market, and were offered at US$ 1450/ton and €1140/ton, respectively.
 
MEG prices decreased in Asian markets. In the Southeast Asian region, MEG prices declined and were quoted at US$ 1095/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 1090/ton to US$ 1095/ton. In the Chinese domestic market, MEG prices remained stable and were quoted in the range of RMB 7950/ton to RMB 8000/ton.
 
In the Southeast Asian region, BG PET Chips prices remained unchanged and were assessed in the range of US$ 1450/ton to US$ 1490/ton, and some deals were discussed at around US$ 1440/ton to US$ 1480/ton. In the Far East Asian market, selling offers remained stable at US$ 1450/ton to US$ 1480/ton, while talked prices were between US$ 1440/ton and US$ 1470/ton. In the Chinese market, BG PET Chips prices maintained a steady trend and were assessed at RMB 10100/ton.
 
In the Korean market, FG PET Chips prices remained stable and were quoted in the range of US$ 1260/ton to US$ 1290/ton. In the Indian market, FOB based prices remained unchanged and were assessed in the range of US$ 1310/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices maintained a steady trend and were quoted in the range of RMB 9550/ton to RMB 9600/ton.
 
 


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