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BG PET Chips prices plunge in Chinese market
25
Feb '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were assessed in the range of US$ 1235/ton to US$ 1240/ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1215/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1265/ton to US$ 1270/ton.
 
PTA prices plunged in Asian markets. In the S E Asian market, PTA prices declined and were quoted in the range of US$ 900/ton to US$ 905/ton. In the F E Asian market, PTA prices decreased and were assessed at US$ 900/ton. Prices of PTA imported from the Taiwanese market plunged and were quoted in the range of US$ 915/ton to US$ 920/ton. In the Chinese domestic market, PTA prices fell and were assessed in the range of RMB 6300/ton to RMB 6350/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the S E Asian market, Ethylene prices remained unchanged and were assessed in the range off US$ 1395/ton to US$ 1400/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1410/ton. In the US market, Ethylene prices declined and were assessed in the range of 52.00 cents/pound to 52.50 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were quoted at US$ 1265/ton and € 950/ton, respectively.
 
MEG plunged in Asian markets. In the S E Asian region, MEG price declined and were quoted at US$ 920/ton. In the Chinese international market, MEG prices decreased and were assessed in the range of US$ 925/ton to US$ 930/ton. In the Chinese domestic market, MEG price remained unchanged and were quoted in the range of RMB 6700/ton to RMB 6750/ton.
 
In the S E Asian region, BG PET Chips remained stable and were assessed in the range of US$ 1300/ton to US$ 1340/ton, and some deals were discussed in the range of US$ 1310/ton to US$ 1350/ton. In the F E Asian market, selling offers were assessed at US$ US$ 1320/ton to US$ 1360/ton, while talked prices were between US$ 1310/ton to US$ 1350/ton. In the Chinese market, BG PET Chips prices declined and were quoted in the range of RMB 8350/ton to RMB 8400/ton.
 
In the Korean market, FG PET Chips prices maintained a steady trend and were quoted in the range of US$ 1130/ton to US$ 1160/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1190/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained unchanged and were quoted in the range of RMB 8400/ton to RMB 8450/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1505/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1405/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 9275/ton to RMB 9325/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained stable at RMB 9325/ton, RMB 11200/ton, while FDY prices declined and were assessed at RMB 9650/ton. In the export market, prices of POY and DTY remained unchanged at US$ 1290/ton and US$ 1555/ton, while FDY prices plunged and were assessed at US$ 1325/ton. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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