Home / Knowledge / News / Textiles / MEG prices climb up in Southeast Asia
MEG prices climb up in Southeast Asia
01
May '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were assessed in the range of US$ 1185/ton to US$ 1190/ton. In the F E Asian market, PX prices fell and were quoted at US$ 1165/ton. Prices of PX imported from the Taiwanese market remained steady and were quoted in the range of US$ 1190/ton to US$ 1195/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices dropped and were assessed in the range of US$ 870/ton to US$ 875/ton. In the F E Asian market, PTA prices decreased and were offered at US$ 870/ton. Prices of PTA imported from the Taiwanese market kept unchanged and were quoted in the range of US$ 870/ton to US$ 875/ton. In the Chinese domestic market, PTA prices kept inert and were offered in the range of RMB 6100/ton to RMB 6150/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices kept unchanged and were offered in the range of US$ 1460/ton to US$ 1465/ton. In the F E Asian region, Ethylene prices remained steady and were quoted at US$ 1385/ton. In the US market, Ethylene prices declined and were quoted in the range of 55.50 cents/pound to 56.00 cents/pound. Ethylene prices stayed steady in European international as well as domestic markets and were assessed at US$ 1155/ton and € 855/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices climbed up and were offered at US$ 910/ton. In the Chinese international market, MEG prices dipped and were quoted in the range of US$ 890/ton to US$ 895/ton. In the Chinese domestic market, MEG prices remained stable in the range of RMB 6600/ton to RMB 6650/ton.
 
In the S E Asian region, prices of BG PET Chips were stable in the range of US$ 1350/ton to US$ 1390/ton, and some deals were quoted 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 remained steady and were assessed in the range of RMB 8200/ton to RMB 8250/ton.
 
In the Korean market, FG PET Chips prices kept 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 steady and were assessed in the range of RMB 8200/ton to RMB 8250/ton.
 
PSF prices maintained steady trend 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 quoted at US$ 1370/ton. In the Chinese domestic market, PSF prices kept unchanged in the range of RMB 8725/ton to RMB 8775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were assessed at RMB 9250/ton, RMB 10900/ton and RMB 9575/ton, respectively. In the export market, offers for POY, DTY, and FDY kept 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


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