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Ethylene prices plunge in US market
20
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$ 1390/ton to US$ 1395/ton. In the Far East Asian market, PX prices remained stable and were assessed at US$ 1380/ton. Prices of PX imported from the Taiwanese market decreased and were quoted in the range of US$ 1400/ton to US$ 1405/ton.    
   
PTA prices plunged in the Asian region. In the Southeast Asian market, PTA prices declined and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Far East Asian market, PTA prices were quoted at US$ 990/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices remained stable and were quoted in the range of RMB 7250/ton to RMB 7300/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices remained stable and were quoted in the range of US$ 1410/ton to US$ 1415/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1300/ton. In the US market, Ethylene prices plunged and were quoted in the range of 54.50 cents/pound to 55.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were assessed at US$ 1225/ton and € 970/ton, respectively.
 
MEG prices decreased in Asian markets. In the Southeast Asian region, MEG prices declined and were assessed at US$ 1025/ton. In the Chinese international market, MEG prices plunged and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, MEG prices surged and were assessed in the range of RMB 7400/ton to RMB 7450/ton.
 
In the Southeast Asian region, BG PET chip prices remained unchanged 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 stable 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 were assessed at RMB 9600/ton.
 
In the Korean market, FG PET chip prices remained unchanged and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices remained stable in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET chip prices remained unchanged and were quoted in the range of RMB 9225/ton to RMB 9275/ton.
 
PSF prices maintained a steady trend in Asian markets. In the Far East Asian market, PSF prices were assessed 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 unchanged and were assessed in the range of RMB 9825/ton to RMB 9875/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10100/ton, RMB 11900/ton, and RMB 10150/ton, respectively. In the export market, prices of POY, DTY, and FDY declined at US$ 1405/ton, US$ 1660/ton, and US$ 1400/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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