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Ethylene prices dip in US market
22
Nov '13
Paraxylene (PX) prices followed a mixed trend in Asian markets. In the Southeast Asian region, PX prices maintained a steady trend and were assessed in the range of US$ 1395/ton to US$ 1400/ton. In the Far East Asian market, PX prices declined and were quoted at US$ 1385/ton. Prices of PX imported from the Taiwanese market increased and were assessed in the range of US$ 1405/ton to US$ 1410/ton.
 
PTA prices remained stable 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 remained unchanged 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 remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices remained stable 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 declined and were assessed in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices maintained a steady trend in the European international as well as domestic market and were quoted at US$ 1225/ton and € 985/ton, respectively.
 
MEG prices plunged in Asian markets. In the Southeast Asian region, MEG prices increased and were quoted at US$ 1020/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 1020/ton to US$ 1025/ton. In the Chinese domestic market, MEG prices remained stable and were quoted in the range of RMB 7325/ton to RMB 7375/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 remained unchanged and were quoted at RMB 9575/ton.
 
In the Korean market, FG PET chip prices remained stable and were assessed in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices remained unchanged in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET chip prices remained stable and were quoted in the range of RMB 9225/ton to RMB 9275/ton.
 
 


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