Ethylene prices inch up in US market; steady elsewhere

24 Apr '14

3 min read

Paraxylene (PX) prices surged marginally in Asian markets. In the S E Asian region, PX prices increased and were offered in the range of US$ 1200/ton to US$ 1205/ton. In the F E Asian market, PX prices inched up and were quoted at US$ 1180/ton. Prices of PX imported from the Taiwanese market decreased and were assessed in the range of US$ 1195/ton to US$ 1200/ton.

PTA prices maintained steady trend in the Asian region. In the S E Asian market, PTA prices remained stable and were quoted in the range of US$ 885/ton to US$ 890/ton. In the F E Asian market, PTA prices kept inert and were assessed at US$ 885/ton. Prices of PTA imported from the Taiwanese market kept steady and were offered in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, PTA prices remained steady and were quoted in the range of RMB 6120/ton to RMB 6170/ton.

Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices were stable in the range of US$ 1455/ton to US$ 1460/ton. In the F E Asian region, Ethylene prices remained steady and were assessed at US$ 1370/ton. In the US market, Ethylene prices increased and were quoted in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices kept unchanged in the European international as well as in domestic markets and were quoted at US$ 1170/ton and € 865/ton, respectively.

MEG prices remained steady in Asian markets. In the S E Asian region, MEG prices stayed stable and were quoted at US$ 925/ton. In the Chinese international market, MEG prices remained steady and were offered in the range of US$ 915/ton to US$ 920/ton. In the Chinese domestic market, MEG prices kept inert in the range of RMB 6700/ton to RMB 6760/ton.

In the S E Asian region, prices of BG PET Chips surged marginally in the range of US$ 1350/ton to US$ 1390/ton, and some deals were offered in the range of US$ 1360/ton to US$ 1400/ton. In the F E Asian market, selling offers increased and were assessed in the range of US$ 1370/ton to US$ 1410/ton, while talked prices were offered in the range of US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices kept inert and were quoted in the range of RMB 8600/ton to RMB 8650/ton.

In the Korean market, FG PET Chips prices increased and were quoted in the range of US$ 1180/ton to US$ 1220/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1240/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices remained steady and were offered in the range of RMB 8300/ton to RMB 8350/ton.

PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices were quoted at US$ 1470/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1370/ton. In the Chinese domestic market, PSF prices were stable in the range of RMB 8800/ton to RMB 8850/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices kept 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 steady at US$ 1260/ton, US$ 1470/ton, and US$ 1295/ton, respectively.

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Fibre2fashion News Desk - India

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