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Paraxylene prices drop in Asian markets
16
May '14
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices declined and were quoted in the range of US$ 1210/ton to US$ 1215/ton. In the F E Asian market, PX prices plunged and were offered at US$ 1190/ton. Prices of PX imported from the Taiwanese market increased and were assessed in the range of US$ 1220/ton to US$ 1225/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$ 865/ton to US$ 870/ton. In the F E Asian market, PTA prices remained stable and were offered at US$ 860/ton. Prices of PTA imported from the Taiwanese market remained steady and were quoted in the range of US$ 855/ton to US$ 860/ton. In the Chinese domestic market, PTA prices kept inert and were offered in the range of RMB 6050/ton to RMB 6100/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices kept unchanged and were assessed in the range of US$ 1455/ton to US$ 1460/ton. In the F E Asian region, Ethylene prices remained steady and were quoted at US$ 1375/ton. In the US market, Ethylene prices decreased and were offered in the range of 53.00 cents/pound to 53.50 cents/pound. Ethylene prices kept steady in the European international market to US$ 1205/ton, while they increased in the domestic market to € 890/ton.
 
MEG prices remained unchanged in Asian markets. In the S E Asian region, MEG prices remained steady and were quoted at US$ 905/ton. In the Chinese international market, MEG prices steady inert and were assessed 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 6675/ton to RMB 6725/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 stayed steady 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 remained steady and were offered in the range of RMB 8275/ton to RMB 8325/ton.
 
In the Korean market, FG PET Chips prices kept stable and were quoted in the range of US$ 1150/ton to US$ 1190/ton. In the Indian market, FOB based prices were offered in the range of US$ 1220/ton to US$ 1250/ton. In the Chinese market, FG PET Chips prices remained steady and were assessed in the range of RMB 7900/ton to RMB 7950/ton.
 
PSF prices stayed stable in the Asian region. In the F E Asian market, PSF prices were quoted at US$ 1405/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1305/ton. In the Chinese domestic market, PSF prices remained steady in the range of RMB 8675/ton toRMB 8725/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were offered at RMB 8950/ton, RMB 10700/ton and RMB 9300/ton, respectively. In the export market, offers for POY, DTY, and FDY remained stable at US$ 1200/ton, US$ 1435/ton, and US$ 1235/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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