Home / Knowledge / News / Textiles / PX prices continue to decline in Asian markets
PX prices continue to decline in Asian markets
23
Apr '14
Paraxylene (PX) prices continued to show declining trend in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1195/ton to US$ 1200/ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1175/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1200/ton to US$ 1205/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept steady and were quoted in the range of US$ 885/ton to US$ 890/ton. In the F E Asian market, PTA prices remained stable and were offered at US$ 885/ton. Prices of PTA imported from the Taiwanese market kept inert and were assessed in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, PTA prices dropped and were offered in the range of RMB 6120/ton to RMB 6170/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were quoted in the range of US$ 1455/ton to US$ 1460/ton. In the F E Asian region, Ethylene prices kept inert and were quoted at US$ 1370/ton. In the US market, Ethylene prices kept unchanged in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were quoted at US$ 1170/ton and € 865/ton, respectively.
 
MEG prices remained stable in Asian markets. In the S E Asian region, MEG prices remained steady and were offered at US$ 925/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 dropped and were assessed in the range of RMB 6700/ton to RMB 6760/ton.
 
In the S E Asian region, prices of BG PET Chips kept steady in the range of US$ 1340/ton to US$ 1380/ton, and some deals were concluded in the range of US$ 1350/ton to US$ 1390/ton. In the F E Asian market, selling offers stayed stable in the range of US$ 1360/ton to US$ 1400/ton, while talked prices were offered in the range of US$ 1370/ton to US$ 1410/ton. In the Chinese market, BG PET Chips prices decreased and were offered in the range of RMB 8600/ton to RMB 8650/ton.
 
In the Korean market, FG PET Chips prices remained steady and were offered in the range of US$ 1170/ton to US$ 1210/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices remained stable and were assessed in the range of RMB 8300/ton to RMB 8350/ton.
 
PSF prices declined in the Asian region. In the F E Asian market, PSF prices were assessed at US$ 1470/ton. In the S E Asian market, PSF selling prices were offered at US$ 1370/ton. In the Chinese domestic market, PSF prices remained steady in the range of RMB 8800/tonto RMB 8850/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were offered at RMB 9350/ton, RMB 10900/ton and RMB 9675/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1260/ton, US$ 1470/ton, and US$ 1295/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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