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PSF prices decline in Asian markets
11
Feb '14
Paraxylene (PX) prices surged in Asian markets. In the S E Asian region, PX prices increased and were quoted in the range of US$ 1320/ton to US$ 1325/ton. In the F E Asian market, PX prices jumped and were assessed at US$ 1300/ton. Prices of PX imported from the Taiwanese market surged and were quoted in the range of US$ 1310/ton to US$ 1315/ton.
 
PTA prices maintained steady trend in Asian markets. In the S E Asian market, PTA prices remained stable and were quoted in the range of US$ 955/ton to US$ 960/ton. In the F E Asian market, PTA prices remained unchanged and were assessed at US$ 955/ton. Prices of PTA imported from the Taiwanese market remained stable and were quoted in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed 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$ 1400/ton to US$ 1405/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1400/ton. In the US market, Ethylene prices increased and were assessed in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices declined in the European international as well as domestic market and were quoted at US$ 1215/ton and € 945/ton, respectively.
 
In the S E Asian region, MEG price increased and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 980/ton to US$ 985/ton. In the Chinese domestic market, MEG price remained unchanged and were quoted in the range of RMB 7150/ton to RMB 7185/ton.
 
In the S E Asian region, BG PET Chips prices maintained a steady trend in the range of US$ 1320/ton to US$ 1360/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 were assessed at US$ 1340/ton to US$ 1380/ton, while talked prices were between US$ 1330/ton and US$ 1360/ton. In the Chinese market, BG PET Chips prices remained unchanged and were assessed in the range of RMB 8800/ton to RMB 8850/ton.
 
In the Korean market, FG PET Chips prices remained unchanged and were assessed in the range of US$ 1150/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1200/ton to US$ 1250/ton. In the Chinese market, FG PET Chips prices declined and were assessed in the range of RMB 8700/ton to RMB 8750/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were assessed at US$ 1515/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1415/ton. In the Chinese domestic market, PSF prices remained unchanged and were assessed in the range of RMB 9625/ton to RMB 9675/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged and were quoted at RMB 9550/ton, RMB 11400/ton and RMB 10200/ton, respectively. In the export market, prices of POY, DTY, and FDY prices declined and were assessed at US$ 1330/ton, US$ 1590/ton, and US$ 1415/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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