• Linkdin

Prices of polyester FDY dip in Chinese domestic market

14 Oct '13
3 min read

Paraxylene (PX) prices showed a mixed trend in Asian markets. In the Southeast Asian region, PX prices declined and were quoted in the range of US$ 1470/ton to US$ 1475/ton. In the Far East Asian market, PX prices were assessed at US$ 1455/ton. Prices of PX imported from the Taiwanese market remained stable and were quoted in the range of US$ 1475/ton to US$ 1480/ton.
 
PTA prices swelled in the Asian region. In the Southeast Asian market, PTA prices surged and were assessed in the range of US$ 1050/ton to US$ 1055/ton. In the Far East Asian market, PTA prices were quoted at US$ 1050/ton. Prices of PTA imported from the Taiwanese market dipped and were assessed in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, PTA prices remained unchanged and were quoted in the range of RMB 7575/ton to RMB 7625/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices maintained a steady trend 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$ 1365/ton. In the US market, Ethylene prices remained unchanged and were assessed in the range of 43.00 cents/pound to 43.50 cents/pound. Ethylene prices decreased in the European international as well as domestic market and were quoted at US$ 1300/ton and €1035/ton, respectively.
 
MEG prices surged in Asian markets. In the Southeast Asian region, MEG prices were assessed at US$ 1065/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 7775/ton to RMB 7825/ton.
 
In the Southeast Asian region, BG PET Chip prices maintained a steady trend and were quoted 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 stable and were assessed 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 Chip prices remained unchanged and were assessed at RMB 9600/ton.
 
In the Korean market, FG PET Chip prices remained unchanged and were quoted in the range of US$ 1220/ton to US$ 1250/ton. In the Indian market, FOB based prices remained stable in the range of US$ 1270/ton to US$ 1320/ton. In the Chinese market, FG PET Chip prices maintained a steady trend and were quoted in the range of RMB 9125/ton to RMB 9150/ton.
 
 

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