• Linkdin

MEG prices surge in Asian markets

29 Jan '14
3 min read

Paraxylene (PX) declined in Asian markets. In the S E Asian region, PX prices plunged and were quoted in the range of US$ 1295/ton to US$ 1300/ton. In the F E Asian market, PX prices decreased and were assessed at US$ 1275/ton. Prices of PX imported from the Taiwanese market fell and were quoted in the range of US$ 1310/ton to US$ 1315/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$ 955/ton to US$ 960/ton. In the F E Asian market, PTA prices remained stable and were quoted at US$ 955/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices maintained a steady trend and were quoted in the range of RMB 6700/ton to RMB 6750/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices remained unchanged and were assessed in the range of US$ 1405/ton to US$ 1410/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1400/ton. In the US market, Ethylene prices surged and were assessed in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were assessed at US$ 1265/ton and € 950/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG price surged and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices remained unchanged and were assessed in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7250/ton to RMB 7280/ton.
 
In the S E Asian region, BG PET Chips prices remained stable in the range of US$ 1360/ton to US$ 1400/ton, and some deals were discussed in the range of US$ 1350/ton to US$ 1370/ton. In the F E Asian market, selling offers were quoted at US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET Chips prices remained unchanged and were assessed at RMB 9025/ton.
 
In the Korean market, FG PET Chips prices maintained a steady trend 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 Chips prices remained unchanged and were quoted in the range of RMB 9000/ton to RMB 9050/ton.
 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk-India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search