Home / Knowledge / News / Textiles / BG PET chips prices drop in Chinese domestic market
BG PET chips prices drop in Chinese domestic market
15
Apr '14
Paraxylene (PX) prices showed mixed trend in Asian markets. In the S E Asian region, PX prices kept inert and were offered in the range of US$ 1215/ton to US$ 1220/ton. In the F E Asian market, PX prices declined and were assessed at US$ 1200/ton. Prices of PX imported from the Taiwanese market declined and were offered in the range of US$ 1220/ton to US$ 1225/ton.
 
PTA prices remained steady the Asian region. In the S E Asian market, PTA prices kept steady and were quoted in the range of US$ 890/ton to US$ 895/ton. In the F E Asian market, PTA prices remained stable and were assessed at US$ 890/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 885/ton to US$ 890/ton. In the Chinese domestic market, PTA prices were stable in the range of RMB 6275/ton to RMB 6325/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices increased and were offered in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices stayed stable and were quoted at US$ 1370/ton. In the US market, Ethylene prices increased and were quoted in the range of 53.00 cents/pound to 53.50 cents/pound. Ethylene prices declined in the European international market to US$ 1170/ton, while they remained steady in domestic markets at € 870/ton.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices surged and were offered at US$ 930/ton. In the Chinese international market, MEG prices declined and were quoted in the range of US$ 915/ton to US$ 920/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 6750/ton to RMB 6800/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 quoted in the range of US$ 1360/ton to US$ 1400/ton. In the Chinese market, BG PET Chips prices plunged and were assessed in the range of RMB 8750/ton to RMB 8775/ton.
 
In the Korean market, FG PET Chips prices remained steady and were offered 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 remained 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 quoted at US$ 1380/ton. In the Chinese domestic market, PSF prices were steady 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 assessed at RMB 9200/ton, RMB 10800/ton and RMB 9600/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1245/ton, US$ 1465/ton, and US$ 1290/ton, respectively.
 
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Fibre2fashion News Desk - India

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