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PTA, Ethylene & MEG prices fall in Asian region
28
Oct '13
Paraxylene (PX) prices increased in Asian markets. In the Southeast Asian region, PX prices surged and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the Far East Asian market, PX prices were quoted at US$ 1400/ton. Prices of PX imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1405/ton to US$ 1410/ton.
 
PTA prices declined in the Asian region. In the Southeast Asian market, PTA prices plunged and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In the Far East Asian market, PTA prices were assessed at US$ 1000/ton. Prices of PTA imported from the Taiwanese market increased and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices remained steady and were offered in the range of RMB 7400/ton to RMB 7450/ton.
 
Ethylene prices declined in the Asian region. In the Southeast Asian market, Ethylene prices fell and were offered in the range of US$ 1430/ton to US$ 1435/ton. In the Far East Asian region, Ethylene prices were offered at US$ 1330/ton. In the US market, Ethylene prices increased and were assessed in the range of 47.00 cents/pound to 47.50 cents/pound. Ethylene prices declined in the European international market to US$ 1290/ton, while they kept steady in the European domestic market at €1010/ton.
 
MEG prices dropped in Asian markets. In the Southeast Asian region, MEG prices plunged and were offered at US$ 1015/ton. In the Chinese international market, MEG prices remained stable and were assessed in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices decreased and were offered in the range of RMB 7475/ton to RMB 7525/ton.
 
In the Southeast Asian region, BG PET Chip prices remained steady in the range of US$ 1360/ton to US$ 1400/ton, and some deals were discussed in the range of US$ 1350/ton to US$ 1390/ton. In the Far East Asian market, selling offers were steady at US$ 1370/ton to US$ 1400/ton, while talked prices were quoted between US$ 1360/ton and US$ 1390/ton. In the Chinese market, BG PET Chips prices remained unchanged and were assessed at RMB 9325/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1200/ton to US$ 1230/ton. In the Indian market, FOB based prices fell in the range of US$ 1250/ton to US$ 1300/ton. In the Chinese market, FG PET Chips prices decreased and were offered in the range of RMB 8900/ton to RMB 8950/ton.
 
PSF prices increased in the Asian region. In the Far East Asian market, PSF prices were quoted at US$ 1510/ton. In the Southeast Asian market, PSF selling prices were quoted at US$ 1410/ton. In the Chinese domestic market, PSF prices remained stable and were assessed in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY stayed stable at RMB 10025/ton and RMB 10200/ton, while DTY prices declined to RMB 11900/ton. In the export market, offers for POY and FDY remained steady at US$ 1400/ton and US$ 1410/ton, while DTY prices fell to US$ 1665/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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