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PX prices surge in Asian markets
04
Oct '13
Paraxylene (PX) prices surged in Asian markets. In the Southeast Asian region, PX prices rose and were quoted in the range of US$ 1465/ton to US$ 1470/ton. In the Far East Asian market, PX prices were assessed at US$ 1445/ton. Prices of PX imported from the Taiwanese market maintained a steady trend and were assessed in the range of US$ 1460/ton to US$ 1465/ton.
 
PTA prices remained stable in the Asian region. In the Southeast Asian market, PTA prices maintained a steady trend and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Far East Asian market, PTA prices were assessed at US$ 1050/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices remained stable and were quoted in the range of RMB 7600/ton to RMB 7650/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices remained unchanged and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1300/ton. In the US market, Ethylene prices dipped and were quoted in the range of 47.50 cents/pound to 48.00 cents/pound. Ethylene prices declined in the European international market, whereas it remained steady in the domestic market and were quoted at US$ 1375/ton and €1090/ton, respectively.
 
MEG prices maintained a steady trend in Asian markets. In the Southeast Asian region, MEG prices were assessed at US$ 1060/ton. In the Chinese international market, MEG prices remained unchanged and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7800/ton to RMB 7850/ton.
 
In the Southeast Asian region, BG PET Chips prices remained stable in the range of US$ 1380/ton to US$ 1420/ton, and some deals were discussed between US$ 1370/ton and US$ 1410/ton. In the Far East Asian market, selling offers were quoted at US$ 1390/ton to US$ 1420/ton, while talked prices were between US$ 1380/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices remained unchanged and were assessed at RMB 9800/ton.
 
In the Korean market, FG PET Chips prices maintained a steady trend and were quoted in the range of US$ 1220/ton to US$ 1250/ton. In the Indian market, FOB based prices remained unchanged in the range of US$ 1270/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices remained stable and were assessed in the range of RMB 9275/ton to RMB 9325/ton.
 
 

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