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PTA prices plunge in Asian region
11
Oct '13
Paraxylene (PX) prices maintained a steady trend in Asian markets. In the Southeast Asian region, PX prices remained unchanged and were quoted in the range of US$ 1475/ton to US$ 1480/ton. In the Far East Asian market, PX prices were assessed at US$ 1455/ton. Prices of PX imported from the Taiwanese market increased and were quoted in the range of US$ 1475/ton to US$ 1480/ton. 
 
PTA prices dipped in the Asian region. In the Southeast Asian market, PTA prices declined and were assessed in the range of US$ 1040/ton to US$ 1045/ton. In the Far East Asian market, PTA prices were quoted at US$ 1040/ton. Prices of PTA imported from the Taiwanese market plunged 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 assessed in the range of RMB 7575/ton to RMB 7625/ton.
 
Ethylene prices remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices remained stable and were assessed in the range of US$ 1465/ton to US$ 1470/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1300/ton. In the US market, Ethylene prices remained stable and were assessed in the range of 43.00 cents/pound to 43.50 cents/pound. Ethylene prices maintained a steady trend in European international as well as domestic market and were quoted at US$ 1350/ton and €1055/ton, respectively.
 
MEG prices maintained a steady trend in Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1060/ton. In the Chinese international market, MEG prices decreased and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, MEG prices surged and were assessed in the range of RMB 7775/ton to RMB 7825/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 at around US$ 1370/ton to US$ 1410/ton. In the Far East Asian market, selling offers remained unchanged 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 stable and were assessed at RMB 9600/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 and were assessed 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 9200/ton to RMB 9250/ton.
 
 


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