• Linkdin

PX & MEG prices drop in Southeast Asian markets

04 Apr '14
3 min read

Paraxylene (PX) prices fell in Asian markets. In the S E Asian region, PX prices declined and were quoted in the range of US$ 1200/ton to US$ 1205/ton. In the F E Asian market, PX prices plunged and were assessed at US$ 1185/ton. Prices of PX imported from the Taiwanese market remained steady and were assessed in the range of US$ 1220/ton to US$ 1225/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept unchanged and were offered in the range of US$ 905/ton to US$ 910/ton. In the F E Asian market, PTA prices remained steady and were assessed at US$ 905/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 900/ton to US$ 905/ton. In the Chinese domestic market, PTA prices stayed steady in the range of RMB 6350/ton to RMB 6400/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian region, Ethylene prices remained steady and were offered at US$ 1375/ton. In the US market, Ethylene prices stayed steady and were quoted in the range of 51.00 cents/pound to 51.50 cents/pound. Ethylene prices were stable in European international as well as domestic markets and were quoted at US$ 1200/ton and € 905/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices dropped and were offered at US$ 940/ton. In the Chinese international market, MEG prices decreased and were quoted in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, MEG prices kept inert in the range of RMB 6700/ton to RMB 6750/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1330/ton to US$ 1370/ton, and some deals were concluded in the range of US$ 1340/ton to US$ 1380/ton. In the F E Asian market, selling offers stayed unchanged in the range of US$ 1350/ton to US$ 1390/ton, while talked prices were assessed between US$ 1360/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices remained stable and were assessed in the range of RMB 8850/ton to RMB 8900/ton.
 
In the Korean market, FG PET Chips prices remained stable in the range of US$ 1160/ton to US$ 1200/ton. In the Indian market, FOB based prices were offered in the range of US$ 1220/ton to US$ 1260/ton. In the Chinese market, FG PET Chips prices remained steady and were quoted in the range of RMB 8225/ton to RMB 8275/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices were offered at US$ 1480/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1380/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 8825/ton to RMB 8875/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept unaltered and were quoted at RMB 9150/ton, RMB 11050/ton and RMB 9600/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1235/ton, US$ 1500/ton, and US$ 1290/ton, respectively.
 
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