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MEG prices rise in Chinese international market
01
Nov '13
Paraxylene (PX) prices remained stable in Asian markets. In the Southeast Asian region, PX prices remained unchanged and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the Far East Asian market, PX prices maintained a steady trend and were assessed at US$ 1395/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1415/ton to US$ 1420/ton.
 
PTA prices maintained a steady trend in the Asian region. In the Southeast Asian market, PTA prices remained unchanged and were quoted 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 remained stable and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7275/ton to RMB 7325/ton.
 
Ethylene prices remained stable in Asian markets. In the Southeast Asian market, Ethylene prices remained stable and were quoted in the range of US$ 1425/ton to US$ 1430/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1330/ton. In the US market, Ethylene prices remained unchanged and were quoted in the range of 48.00 cents/pound to 48.50 cents/pound. Ethylene prices maintained a steady trend in the European international as well as domestic market and were assessed at US$ 1290/ton and €1010/ton, respectively.
 
MEG prices declined in Asian markets. In the Southeast Asian region, MEG prices decreased and were quoted at US$ 1035/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices remained unchanged and were quoted in the range of RMB 7400/ton to RMB 7450/ton.
 
In the Southeast Asian region, BG PET Chip prices remained stable in the range of US$ 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 remained stable 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 Chip prices maintained a steady trend at RMB 9325/ton.
 
In the Korean market, FG PET Chip prices remained stable and were assessed in the range of US$ 1200/ton to US$ 1230/ton. In the Indian market, FOB based prices declined and were quoted in the range of US$ 1250/ton to US$ 1300/ton. In the Chinese market, FG PET Chip prices remained unchanged and were assessed in the range of RMB 8900/ton to RMB 8950/ton.
 
 


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