• Linkdin

MEG prices dip in Chinese domestic market

21 Nov '13
3 min read

Paraxylene (PX) prices increased in Asian markets. In the Southeast Asian region, PX prices surged and were quoted in the range of US$ 1395/ton to US$ 1400/ton. In the Far East Asian market, PX prices jumped and were assessed at US$ 1390/ton. Prices of PX imported from the Taiwanese market remained stable and were quoted in the range of US$ 1400/ton to US$ 1405/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$ 990/ton to US$ 995/ton. In the Far East Asian market, PTA prices were assessed at US$ 990/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, PTA prices remained stable and were assessed 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 unchanged 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 increased and were assessed in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices remained unchanged in the European international market, whereas it surged in the European domestic market and were assessed at US$ 1225/ton and € 985/ton, respectively.
 
MEG prices remained stable in Asian markets. In the Southeast Asian region, MEG prices maintained a steady trend and were quoted at US$ 1025/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 1015/ton to US$ 1020/ton. In the Chinese domestic market, MEG prices decreased and were quoted in the range of RMB 7325/ton to RMB 7375/ton.
 
In the Southeast Asian region, BG PET chip prices remained steady in the range of US$ US$ 1340/ton to US$ 1380/ton, and some deals were discussed at around 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 declined and were quoted at RMB 9575/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 assessed in the range of RMB 9225/ton to RMB 9275/ton.
 
 

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