PSF prices surge in Asian markets

18 Dec '13

3 min read

Paraxylene (PX) maintained a steady trend in Asian markets. In the S E Asian region, PX prices remained unchanged and were assessed in the range of US$ 1430/ton to US$ 1435/ton. In the F E Asian market, PX prices remained stable and were quoted at US$ 1415/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1435/ton to US$ 1440/ton.

PTA prices remained stable in the Asian region. In the S E Asian market, PTA prices remained unchanged and were assessed in the range of US$ 1005/ton to US$ 1010/ton. In the F E Asian market, PTA prices were quoted at US$ 1005/ton. Prices of PTA imported from the Taiwanese market remained stable and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 7300/ton to RMB 7350/ton.

Ethylene prices followed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices were quoted in the range of US$ 1395/ton to US$ 1400/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1350/ton. In the US market, Ethylene prices decreased and were quoted in the range of 55.50 cents/pound to 56.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were quoted at US$ 1255/ton and € 950/ton, respectively.

MEG prices plunged in Asian markets. In the S E Asian region, MEG prices declined and were assessed at US$ 1042/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 7650/ton to RMB 7700/ton.

In the S E Asian region, BG PET chip prices remained unchanged in the range of US$ 1330/ton to US$ 1370/ton, and some deals were discussed at US$ 1320/ton to US$ 1360/ton. In the F E Asian market, selling offers remained unchanged at 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 9500/ton.

In the Korean market, FG PET chip prices remained stable and were quoted in the range of US$ 1170/ton to US$ 1200/ton. In the Indian market, FOB based prices remained unchanged in the range of US$ 1220/ton to US$ 1270/ton. In the Chinese market, FG PET chip prices plunged and were quoted in the range of RMB 9025/ton to RMB 9075/ton.

PSF prices surged in Asian markets. In the F E Asian market, PSF prices were quoted at US$1515/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1415/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 9825/ton to RMB 9875/ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable and were assessed at RMB 9900/ton, RMB 11700/ton, and RMB 10225/ton, respectively. In the export market, prices of POY, DTY, and FDY remained unchanged at US$ 1385/ ton, US$ 1635/ton, and US$ 1410/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

More Textiles News - Global...