BG PET chips prices decline in Southeast Asian region

16 Sep '13

3 min read

Paraxylene (PX) prices showed a mixed trend in Asian markets. In the Southeast Asian region, PX prices declined and were assessed in the range of US$ 1490/ton to US$ 1495/ton. In the Far East Asian market, PX prices were assessed at US$ 1480/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1495/ton to US$ 1500/ton.

PTA prices decreased in the Asian region. In the Southeast Asian market, PTA prices declined and were offered in the range of US$ 1065/ton to US$ 1070/ton. In the Far East Asian market, PTA prices were quoted at US$ 1065/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, PTA prices surged and were assessed in the range of RMB 7675/ton to RMB 7725/ton.

Ethylene prices followed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1380/ton to US$ 1385/ton. In the Far East Asian region, Ethylene prices were offered at US$ 1235/ton. In the US market, Ethylene prices surged and were quoted in the range of 54.00 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 remained stable in Asian markets. In the Southeast Asian region, MEG prices maintained a steady trend and were assessed at US$ 1080/ton. In the Chinese international market, MEG prices remained stable and were quoted in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, MEG prices remained unchanged and were assessed in the range of RMB 7875/ton to RMB 7925/ton.

In the Southeast Asian region, BG PET Chips prices declined and were assessed in the range of US$ 1430/ton to US$ 1470/ton, and some deals were discussed at around US$ 1420/ton to US$ 1460/ton. In the Far East Asian market, selling offers declined and were quoted in the range of US$ 1420/ton to US$ 1460/ton, while talked prices were between US$ 1410/ton and US$ 1450/ton. In the Chinese market, BG PET Chips prices decreased and were assessed at RMB 10025/ton.

In the Korean market, FG PET Chips prices plunged and were quoted in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices declined and were assessed in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices decreased and were offered in the range of RMB 9500/ton to RMB 9550/ton.

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