• Linkdin

MEG prices decline in Chinese international market

30 Apr '14
3 min read

Paraxylene (PX) prices kept inert in Asian markets. In the S E Asian region, PX prices remained steady and were offered in the range of US$ 1190/ton to US$ 1195/ton. In the F E Asian market, PX prices remained stable and were assessed at US$ 1170/ton. Prices of PX imported from the Taiwanese market declined and were assessed in the range of US$ 1190/ton to US$ 1195/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices remained stable and were quoted in the range of US$ 875/ton to US$ 880/ton. In the F E Asian market, PTA prices kept unchanged and were quoted at US$ 875/ton. Prices of PTA imported from the Taiwanese market declined and were offered in the range of US$ 870/ton to US$ 875/ton. In the Chinese domestic market, PTA prices remained steady and were quoted in the range of RMB 6100/ton to RMB 6150/ton.
 
Ethylene prices stayed stable in Asian markets. In the S E Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices remained unchanged and were offered at US$ 1385/ton. In the US market, Ethylene prices remained steady and were offered in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices remained steady in the European international as well as domestic markets and were quoted at US$ 1155/ton and € 855/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices dropped and were quoted at US$ 900/ton. In the Chinese international market, MEG prices decreased and were offered in the range of US$ 895/ton to US$ 900/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 6600/ton to RMB 6650/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1350/ton to US$ 1390/ton, and some deals were concluded in the range of US$ 1360/ton to US$ 1400/ton. In the F E Asian market, selling offers were in the range of US$ 1370/ton to US$ 1410/ton, while talked prices were quoted in the range of US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices kept inert and were assessed in the range of RMB 8200/ton to RMB 8250/ton.
 
In the Korean market, FG PET Chips prices remained steady and were quoted 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 kept inert and were offered in the range of RMB 8200/ton to RMB 8250/ton.
 
PSF prices kept 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 assessed at US$ 1370/ton. In the Chinese domestic market, PSF prices remained steady in the range of RMB 8725/ton to RMB 8775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices were stable at RMB 9250/ton, RMB 10900/ton and RMB 9575/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1240/ton, US$ 1465/ton, and US$ 1275/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