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Ethylene prices remain stable in European market
19
Sep '13
Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices plunged and were assessed in the range of US$ 1475/ton to US$ 1480/ton. In the Far East Asian market, PX prices were offered at US$ 1455/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1480/ton to US$ 1485/ton.
 
PTA prices increased in the Asian region. In the Southeast Asian market, PTA prices surged and were quoted in the range of US$ 1060/ton to US$ 1065/ton. In the Far East Asian market, PTA prices were assessed at US$ 1060/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, PTA prices remained stable and were assessed in the range of RMB 7625/ton to RMB 7675/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1395/ton to US$ 1400/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1235/ton. In the US market, Ethylene prices declined and were assessed in the range of 53.00 cents/pound to 53.50 cents/pound. Ethylene prices remained stable in the European international and domestic market, and were assessed at US$ 1440/ton and €1115/ton, respectively.
 
MEG prices dipped in Asian markets. In the Southeast Asian region, MEG prices were assessed at US$ 1065/ton. In the Chinese international market, MEG prices surged and were quoted in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 7775/ton to RMB 7825/ton.
 
In the Southeast Asian region, BG PET Chips prices maintained a steady trend and were quoted in the range of US$ 1420/ton to US$ 1460/ton, and some deals were discussed between US$ 1410/ton and US$ 1450/ton. In the Far East Asian market, selling offers remained stable at US$ 1410/ton to US$ 1450/ton, while talked prices were between US$ 1400/ton and US$ 1440/ton. In the Chinese market, BG PET Chips prices maintained a steady trend and were assessed at RMB 9925/ton.
 
In the Korean market, FG PET Chips prices remained unchanged and were assessed in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices remained stable and were quoted in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices declined and were assessed in the range of RMB 9450/ton to RMB 9500/ton.
 
PSF prices surged in Asian markets. In the Far East Asian market, PSF prices were quoted at US$ 1500/ton. In the Southeast Asian market, PSF selling prices were assessed at US$ 1400/ton. In the Chinese domestic market, PSF prices surged and were quoted in the range of RMB 10175/ton to RMB 10225/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY maintained a steady trend and were quoted at RMB 10500/ton, RMB 12250/ton, and RMB 10650/ton, respectively. In the export market, prices of POY, DTY, and FDY increased and were assessed at US$ 1465/ton, US$ 1705/ton, and US$ 1470/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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