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PSF prices surge in Asian markets
13
Nov '13
Paraxylene (PX) prices showed a mixed trend in Asian markets. In the Southeast Asian region, PX prices maintained a steady trend and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the Far East Asian market, PX prices declined and were assessed at US$ 1400/ton. Prices of PX imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1420/ton to US$ 1425/ton.
 
PTA prices remained stable in the Asian region. In the Southeast Asian market, PTA prices maintained a steady trend and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Far East Asian market, PTA prices were assessed at US$ 995/ton. Prices of PTA imported from the Taiwanese market remained steady and were quoted in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices plunged and were assessed in the range of RMB 7300/ton to RMB 7350/ton.
 
Ethylene prices followed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices declined and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1305/ton. In the US market, Ethylene prices remained unchanged and were quoted in the range of 50.50 cents/pound to 51.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were assessed at US$ 1235/ton and € 975/ton, respectively.
 
MEG prices maintained a steady trend in Asian markets. In the Southeast Asian region, MEG prices remained stable and were quoted at US$ 1045/ton. In the Chinese international market, MEG prices remained unchanged and were assessed in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, MEG prices remained stable and were quoted in the range of RMB 7475/ton to RMB 7525/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 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 chips prices remained unchanged and were quoted at RMB 9600/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 declined and were quoted in the range of US$ 1250/ton to US$ 1300/ton. In the Chinese market, FG PET Chip prices maintained a steady trend and were assessed in the range of RMB 9150/ton to RMB 9200/ton.
 
 

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Courtesy: H&M

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