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PSF prices increase in Asian markets
19
Nov '13
Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices decreased and were quoted in the range of US$ 1390/ton to US$ 1395/ton. In the Far East Asian market, PX prices plunged and were assessed at US$ 1380/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1410/ton to US$ 1415/ton.
 
PTA prices maintained a steady trend in the Asian region. In the Southeast Asian market, PTA prices remained unchanged 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 remained stable and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices declined and were quoted in the range of RMB 7250/ton to RMB 7300/ton.
 
Ethylene prices remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices maintained a steady trend and were assessed in the range of US$ 1410/ton to US$ 1415/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1300/ton. In the US market, Ethylene prices remained unchanged and were assessed in the range of 55.50 cents/pound to 56.00 cents/pound. Ethylene prices declined in the European international as well as domestic market and were assessed at US$ 1225/ton and € 970/ton, respectively.
 
MEG prices remained stable in Asian markets. In the Southeast Asian region, MEG prices remained stable and were quoted at US$ 1035/ton. In the Chinese international market, MEG prices maintained a steady trend 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 7300/ton to RMB 7350/ton.
 
In the Southeast Asian region, BG PET chip prices maintained a steady trend in the range of US$ US$ 1340/ton to US$ 1380/ton, and some deals were discussed in the range of US$ 1330/ton to US$ 1370/ton. In the Far East Asian market, selling offers remained unchanged at US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET chip prices remained stable and were quoted at RMB 9600/ton.
 
In the Korean market, FG PET chip prices remained unchanged and were assessed in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices maintained a steady trend in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET chip prices remained stable and were assessed in the range of RMB 9225/ton to RMB 9275/ton.
 
 


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