• Linkdin

PX prices decline in Asian markets

02 Dec '13
3 min read

Paraxylene (PX) prices plunged in Asian markets. In the Southeast Asian region, PX prices declined and were assessed in the range of US$ 1405/ton to US$ 1410/ton. In the Far East Asian market, PX prices decreased and were quoted at US$ 1400/ton. Prices of PX imported from the Taiwanese market surged and were assessed in the range of US$ 1415/ton to US$ 1420/ton.
 
PTA prices increased in the Asian region. In the Southeast Asian market, PTA prices surged and were assessed in the range of US$ 985/ton to US$ 990/ton. In the Far East Asian market, PTA prices were quoted at US$ 985/ton. Prices of PTA imported from the Taiwanese market surged and were assessed in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, PTA prices remained unchanged and were quoted in the range of RMB 7200/ton to RMB 7250/ton.
 
Ethylene prices followed a mixed trend in Asian markets. In the Southeast Asian market, Ethylene prices remained unchanged 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$ 1315/ton. In the US market, Ethylene prices remained stable and were assessed in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices maintained a steady trend in the European international market, whereas it plunged in the domestic market and were quoted at US$ 1205/ton and € 950/ton, respectively.
 
MEG prices remained stable in Asian markets. In the Southeast Asian region, MEG prices remained unchanged and were assessed at US$ 1030/ton. In the Chinese international market, MEG prices surged and were quoted in the range of US$ 1020/ton to US$ 1025/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7420/ton to RMB 7470/ton.
 
In the Southeast Asian region, BG PET chip prices maintained a steady trend in the range of 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 declined and were quoted at RMB 9425/ton.
 
In the Korean market, FG PET chip prices maintained a steady trend 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 9125/ton to RMB 9175/ton.
 
 

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