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Ethylene prices rise in US & Far East Asian markets
07
Apr '14
Paraxylene (PX) prices showed mixed trend in Asian markets. In the S E Asian region, PX prices kept unchanged and were offered in the range of US$ 1185/ton to US$ 1190/ton. In the F E Asian market, PX prices increased and were quoted at US$ 1190/ton. Prices of PX imported from the Taiwanese market decreased and were offered in the range of US$ 1200/ton to US$ 1205/ton.
 
PTA prices plunged in the Asian region. In the S E Asian market, PTA prices declined and were quoted in the range of US$ 895/ton to US$ 900/ton. In the F E Asian market, PTA prices dropped and were offered at US$ 895/ton. Prices of PTA imported from the Taiwanese market fell and were quoted in the range of US$ 895/ton to US$ 900/ton. In the Chinese domestic market, PTA prices remained steady and were offered in the range of RMB 6350/ton to RMB 6400/ton.
 
Ethylene prices showed varied trend in Asian markets. In the S E Asian market, Ethylene prices remained steady and were offered in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian region, Ethylene prices decreased and were quoted at US$ 1370/ton. In the US market, Ethylene prices increased and were offered in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices declined in the European international as well as in domestic markets and were offered at US$ 1180/ton and € 870/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices increased and were quoted at US$ 945/ton. In the Chinese international market, MEG prices shot up and were offered in the range of US$ 930/ton to US$ 935/ton. In the Chinese domestic market, MEG prices were steady 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 kept 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 declined and were assessed in the range of RMB 8825/ton to RMB 8850/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1160/ton to US$ 1200/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1220/ton to US$ 1260/ton. In the Chinese market, FG PET Chips prices stayed steady and were offered in the range of RMB 8225/ton to RMB 8275/ton.
 
PSF prices maintained steady trend in the Asian region. In the F E Asian market, PSF prices were quoted at US$ 1480/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1380/ton. In the Chinese domestic market, PSF prices were stable in the range of RMB 8825/ton to RMB 8875/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were offered at RMB 9150/ton, RMB 11050/ton and RMB 9600/ton, respectively. In the export market, offers for POY, DTY, and FDY stayed 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

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