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PTA prices increase in Asian region
04
Dec '13
Paraxylene (PX) prices surged in the Asian markets. In the S E Asian region, PX prices increased and were assessed in the range of US$ 1415/ton to US$ 1420/ton. In the F E Asian market, PX prices jumped and were quoted at US$ 1400/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1415/ton to US$ 1420/ton.
 
PTA prices swelled in the Asian region. In the S E Asian market, PTA prices surged and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices were assessed at US$ 995/ton. Prices of PTA imported from the Taiwanese market increased 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 quoted in the range of RMB 7250/ton to RMB 7300/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the S E Asian market, Ethylene prices remained stable and were quoted in the range of US$ 1410/ton to US$ 1415/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1315/ton. In the US market, Ethylene prices remained stable and were quoted in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were assessed at US$ 1205/ton and € 950/ton, respectively.
 
MEG prices remained unchanged in Asian markets. In the S E Asian region, MEG prices remained stable and were assessed at US$ 1050/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1040/ton to US$ 1045/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7650/ton to RMB 7700/ton.
 
In the S E Asian region, BG PET chip prices declined in the range of US$ 1330/ton to US$ 1370/ton, and some deals were discussed in the range of US$ 1320/ton to US$ 1360/ton. In the F E Asian market, selling offers decreased in the range of US$ 1350/ton to US$ 1380/ton, while talked prices were between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET chip prices surged and were quoted at RMB 9475/ton.
 
In the Korean market, FG PET chip prices decreased and were assessed in the range of US$ 1170/ton to US$ 1200/ton. In the Indian market, FOB based prices plunged in the range of US$ 1220/ton to US$ 1270/ton. In the Chinese market, FG PET chip prices remained unchanged and were assessed in the range of RMB 9125/ton to RMB 9175/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were quoted at US$1505/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1405/ton. In the Chinese domestic market, PSF prices remained unchanged in the range of RMB 9725/ton to RMB 9775/ton.
 
In the Chinese domestic market,prices of Polyester POY, DTY and FDY remained stable and were assessed at RMB 9950/ton, RMB 11700/ton, and RMB 10075/ton, respectively. In the export market, prices of POY, DTY, and FDY remained unchanged at US$ 1385/ton, US$ 1630/ton, and US$ 1390/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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