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PX prices swell in Asian markets
24
Sep '13
Paraxylene (PX) prices swelled in Asian markets. In the Southeast Asian region, PX prices surged and were quoted in the range of US$ 1485/ton to US$ 1490/ton. In the Far East Asian market, PX prices were quoted at US$ 1470/ton. Prices of PX imported from the Taiwanese market declined 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$ 1065/ton to US$ 1070/ton. In the Far East Asian market, PTA prices were assessed at US$ 1065/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices remained stable and were assessed in the range of RMB 7650/ton to RMB 7700/ton.
 
Ethylene prices followed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices increased and were assessed in the range of US$ 1440/ton to US$ 1445/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1290/ton. In the US market, Ethylene prices plunged and were assessed in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices remained unchanged in the European international and domestic market, and were quoted at US$ 1440/ton and €1115/ton, respectively.
 
MEG prices swelled in Asian markets. In the Southeast Asian region, MEG prices were assessed at US$ 1065/ton. In the Chinese international market, MEG prices remained stable and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 7850/ton to RMB 7900/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 unchanged 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 remained stable and were quoted at RMB 9925/ton.
 
In the Korean market, FG PET Chips prices followed a stable trend and were assessed in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices remained unchanged and were quoted in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices remained unchanged and were assessed in the range of RMB 9350/ton to RMB 9400/ton.
 
 


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