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PX prices plunge in Asian markets
22
Oct '13
Paraxylene (PX) prices dipped in Asian markets. In the Southeast Asian region, PX prices declined and were quoted in the range of US$ 1400/ton to US$ 1405/ton. In the Far East Asian market, PX prices were assessed at US$ 1380/ton. Prices of PX imported from the Taiwanese market decreased and were quoted in the range of US$ 1415/ton to US$ 1420/ton.
 
PTA prices plunge in the Asian region. In the Southeast Asian market, PTA prices declined and were assessed in the range of US$ 995/ton to US$ 1000/ton. In the Far East Asian market, PTA prices were quoted at US$ 995/ton. Prices of PTA imported from the Taiwanese market decreased and were assessed in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, PTA prices declined and were quoted in the range of RMB 7400/ton to RMB 7450/ton.
 
Ethylene prices remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1460/ton to US$ 1465/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1365/ton. In the US market, Ethylene prices maintained a steady trend and were quoted in the range of 46.50 cents/pound to 47.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were assessed at US$ 1295/ton and €1010/ton, respectively.
 
MEG prices dipped in Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1062/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices plunged and were quoted in the range of RMB 7725/ton to RMB 7775/ton. 
 
In the Southeast Asian region, BG PET Chips prices remained stable in the range of US$ US$ 1360/ton to US$ 1400/ton, and some deals were discussed at around US$ 1350/ton to US$ 1390/ton. In the Far East Asian market, selling offers remained unchanged at US$ 1370/ton to US$ 1400/ton, while talked prices were between US$ US$ 1360/ton and US$ 1390/ton. In the Chinese market, BG PET Chips price decreased and were assessed at RMB 9475/ton.
 
In the Korean market, FG PET Chips prices remained stable and were quoted in the range of US$ 1200/ton to US$ 1230/ton. In the Indian market, FOB based prices declined and were assessed in the range of US$ 1250/ton to US$ 1300/ton. In the Chinese market, FG PET Chips prices plunged and were quoted in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices remained unchanged 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 maintained a steady trend and were quoted in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY decreased and were assessed at RMB 10025/ton, while prices of DTY and FDY remained unchanged at RMB 12025/ton, RMB 10225/ton, respectively. In the export market, prices of POY declined and were quoted at US$ 1395/ton, while prices of DTY and FDY remained stable and were assessed at US$ 1675/ton and US$ 1410/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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