• Linkdin

MEG prices move up in Chinese international market

26 Mar '14
3 min read

Paraxylene (PX) prices went up in Asian markets. In the S E Asian region, PX prices increased and were quoted in the range of US$ 1195/ton to US$ 1200/ton. In the F E Asian market, PX prices surged and were assessed at US$ 1180/ton. Prices of PX imported from the Taiwanese market rose and were quoted in the range of US$ 1175/ton to US$ 1180/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept unchanged and were quoted in the range of US$ 885/ton to US$ 890/ton. In the F E Asian market, PTA prices remained steady and were assessed at US$ 885/ton. Prices of PTA imported from the Taiwanese market increased and were quoted in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, PTA prices remained stable and were assessed in the range of RMB 6200/ton to RMB 6250/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1395/ton. In the US market, Ethylene prices stayed steady and were quoted in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices remained unchanged in European international as well as domestic markets and were assessed at US$ 1220/ton and € 910/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices inched up and were quoted at US$ 950/ton. In the Chinese international market, MEG prices moved up and were quoted in the range of US$ 930/ton to US$ 935/ton. In the Chinese domestic market, MEG prices were stable in the range of RMB 6600/ton to RMB 6650/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1310/ton to US$ 1350/ton, and some deals were assessed in the range of US$ 1320/ton to US$ 1360/ton. In the F E Asian market, selling offers stayed stable in the range of US$ 1330/ton to US$ 1370/ton, while talked prices were assessed between US$ 1340/ton and US$ 1380/ton. In the Chinese market, BG PET Chips prices increased and were quoted in the range of RMB 8650/ton to RMB 8700/ton.
 
In the Korean market, FG PET Chips prices were stable in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1200/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices kept steady and were assessed in the range of RMB 7900/ton to RMB 7950/ton.
 
PSF prices maintained steady trend in the Asian region. In the F E Asian market, PSF prices were assessed at US$ 1475/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1375/ton. In the Chinese domestic market, PSF prices kept unchanged in the range of RMB 8600/ton to RMB 8675/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY increased to RMB 8875/ton and RMB 9450/ton, while DTY prices stayed stable at RMB 10800/ton. In the export market, offers for POY and FDY increased to US$ 1190/ton and US$ 1260/ton, while DTY prices remained steady at US$ 1455/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