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PTA prices surge in Asian region
27
Dec '13
Paraxylene (PX) maintained a steady trend in Asian markets. In the S E Asian region, PX prices remained unchanged and were quoted in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices remained stable and were assessed at US$ 1410/ton. Prices of PX imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1430/ton to US$ 1435/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices surged and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the F E Asian market, PTA prices jumped and were assessed at US$ 1000/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices remained stable and were assessed in the range of RMB 7375/ton to RMB 7425/ton.
 
Ethylene prices followed a mixed trend in Asian markets. In the S E Asian market, Ethylene increased and was quoted in the range of US$ 1455/ton to US$ 1460/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1385/ton. In the US market, Ethylene prices remained unchanged and were assessed in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices remained stable in the European international whereas it increased in domestic market and were assessed at US$ 1260/ton and € 980/ton, respectively.
 
In the S E Asian region, MEG prices surged and were quoted at US$ 1040/ton. In the Chinese international market, MEG prices decreased and were assessed in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, MEG prices decline and were quoted in the range of RMB 7550/ton to RMB 7600/ton.
 
In the S E Asian region, BG PET Chip prices remained unchanged 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 stable at 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 remained unchanged and were assessed at RMB 9450/ton.
 
In the Korean market, FG PET Chip prices remained stable and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chip prices remained unchanged and were quoted in the range of RMB 9025/ton to RMB 9075/ton.
 
PSF prices maintained a steady trend in Asian markets. In the F E Asian market, PSF prices were quoted at US$1510/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1410/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 9825/ton to RMB 9875/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged and were quoted at RMB 9800/ton, RMB 11500/ton and RMB 10450/ton, respectively. In export market, prices of POY, DTY and FDY remained stable and were quoted at US$ 1370/ton, US$ 1615/ton and US$ 1455/ton, respectively.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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