PSF prices remain stable in Asian markets

12 Sep '13

3 min read

Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices plunged and were assessed in the range of US$ 1495/ton to US$ 1500/ton. In the Far East Asian market, PX prices were quoted at US$ 1480/ton. Prices of PX imported from the Taiwanese market decreased and were assessed in the range of US$ 1500/ton to US$ 1505/ton.

PTA prices remained stable in the Asian region. In the Southeast Asian market, PTA prices remained unchanged 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 declined and were assessed in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, PTA prices plunged and were quoted in the range of RMB 7650/ton to RMB 7700/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 declined and were quoted in the range of 53.50 cents/pound to 54.50 cents/pound. Ethylene prices remained unchanged in the European international and domestic market, and were offered at US$ 1450/ton and €1140/ton, respectively.

MEG prices dipped in the Asian markets. In the Southeast Asian region, MEG prices plunged and were assessed at US$ 1085/ton. In the Chinese international market, MEG prices decreased and were quoted in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, MEG prices remained unchanged and were assessed in the range of RMB 7950/ton to RMB 8000/ton.

In the Southeast Asian region, BG PET Chips prices maintained a steady trend and were quoted 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 and were assessed 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 remained unchanged and were quoted at RMB 10100/ton.

In the Korean market, FG PET Chips prices remained stable in the range of US$ 1260/ton to US$ 1290/ton. In the Indian market, FOB based prices remained steady and were assessed in the range of US$ 1310/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices remained unchanged and were quoted in the range of RMB 9550/ton to RMB 9600/ton.

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