Ethylene prices decline in European domestic market

26 Dec '13

3 min read

Paraxylene (PX) prices kept unchanged in Asian markets. In the S E Asian region, PX prices stayed steady and were assessed in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices remained stable and were quoted at US$ 1410/ton. Prices of PX imported from the Taiwanese market remained steady and were assessed in the range of US$ 1430/ton to US$ 1435/ton.

PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices were unchanged and were offered in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices were stable at US$ 995/ton. Prices of PTA imported from the Taiwanese market increased and were assessed in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices were stable in the range of RMB 7375/ton to RMB 7425/ton.

Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices stayed stable in the range of US$ 1445/ton to US$ 1450/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1385/ton. In the US market, Ethylene prices stayed steady in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices stayed steady in the European international market at US$ 1260/ton, while they declined in European domestic market and were assessed at € 965/ton.

In the S E Asian region, MEG prices decreased and were assessed at US$ 1035/ton. In the Chinese international market, MEG prices increased and were offered in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7650/ton to RMB 7690/ton.

In the S E Asian region, BG PET Chip prices remained steady 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 F E Asian market, selling offers remained unchanged in the range of US$ 1360/ton to US$ 1390/ton, while talked prices were quoted between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET Chip prices kept steady and were assessed at RMB 9450/ton.

In the Korean market, FG PET Chip prices remained steady and were offered in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chip prices were stable in the range of RMB 9025/ton to RMB 9075/ton.

PSF prices maintained steady trend in Asian markets. In the F E Asian market, PSF prices were quoted at US$1510/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1410/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 9825/ton to RMB 9875/ton.

In the Chinese domestic market, prices of Polyester POY and DTY stayed steady at RMB 9800/ton and RMB 11500/ton, respectively, while prices of FDY increased to RMB 10450/ton. In the export market, offers for POY and DTY were stable at US$ 1370/ton and US$ 1615/ton, respectively, while FDY prices surged to US$ 1455/ton.

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Fibre2fashion News Desk - India

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