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Ethylene prices decrease in US market
16
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$ 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 remained stable in the Asian region. In the Southeast Asian market, PTA prices remained unchanged and were assessed in the range of US$ 1035/ton to US$ 1040/ton. In the Far East Asian market, PTA prices were quoted at US$ 1035/ton. Prices of PTA imported from the Taiwanese market declined and were assessed in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, PTA prices decreased and were quoted in the range of RMB 7525/ton to RMB 7575/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$ 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 dipped and were assessed in the range of 43.50 cents/pound to 44.00 cents/pound. Ethylene prices remained stable in European international as well as domestic market and were quoted at US$ 1300/ton and €1035/ton, respectively.
 
MEG prices remained unchanged in Asian markets. In the Southeast Asian region, MEG prices at US$ 1065/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices surged and were quoted in the range of RMB 7875/ton to RMB 7925/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 price maintained a steady trend and were assessed at RMB 9600/ton.
 
In the Korean market, FG PET Chips prices remained stable 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 were assessed in the range of RMB 9125/ton to RMB 9150/ton.
 
PSF prices surged in Asian markets. In the Far East Asian market, PSF prices were quoted at US$ 1505/ton. In the Southeast Asian market, PSF selling prices were assessed at US$ 1405/ton. In the Chinese domestic market, PSF prices remained stable and quoted in the range of RMB 9875/ton to RMB 9925/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10100/ton, RMB 12025/ton, and RMB 10325/ton, respectively. In the export market, prices of POY, DTY, and FDY surged and were assessed at US$ 1405/ton, US$ 1675/ton, and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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