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BG PET chip prices dip in Chinese market
09
Dec '13
Paraxylene (PX) prices followed a mixed trend in Asian markets. In the S E Asian region, PX prices declined and were quoted in the range of US$ 1420/ton to US$ 1425/ton. In the F E Asian market, PX prices maintained a steady trend and were assessed at US$ 1415/ton. Prices of PX imported from the Taiwanese market decreased and were quoted in the range of US$ 1430/ton to US$ 1435/ton.
 
PTA prices plunged in the Asian region. In the S E Asian market, PTA prices declined and were assessed in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices were quoted at US$ 995/ton. Prices of PTA imported from the Taiwanese market dipped and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices remained unchanged and were quoted in the range of RMB 7300/ton to RMB 7350/ton.
 
Ethylene prices showed a volatile trend in Asian markets. In the S E Asian market, Ethylene prices remained stable and were quoted in the range of US$ 1405/ton to US$ 1410/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1330/ton. In the US market, Ethylene prices surged and were quoted in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices increased in the European international market whereas it remained stable in domestic market and were quoted at US$ 1250/ton and € 950/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices surged and were assessed at US$ 1065/ton. In the Chinese international market, MEG prices remained unchanged and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, MEG prices increased and were quoted in the range of RMB 7725/ton to RMB 7775/ton.
 
In the S E Asian region, BG PET chip prices maintained a steady trend 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 remained stable and were assessed 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 declined and were assessed at RMB 9525/ton.
 
In the Korean market, FG PET chip prices remained unchanged and were assessed in the range of US$ 1170/ton to US$ 1200/ton. In the Indian market, FOB based prices declined in the range of US$ 1220/ton to US$ 1270/ton. In the Chinese market, FG PET chip prices remained stable and were quoted in the range of RMB 9075/ton to RMB 9125/ton.
 
PSF prices surged in Asian markets. In the F E Asian market, PSF prices were quoted at US$1510/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1410/ton. In the Chinese domestic market, PSF prices increased and were quoted in the range of RMB 9900/ton to RMB 9950/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged 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 increased at US$ 1390/ton, US$ 1635/ton, and US$ 1395/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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