Home / Knowledge / News / Textiles / MEG prices fall in Chinese international market
MEG prices fall in Chinese international market
02
Jul '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices declined and were quoted at US$ 1410/ton. Prices of PX imported from the Taiwanese market kept inert and were offered in the range of US$ 1475/ton to US$ 1480/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept stable and were offered in the range of US$ 1020/ton to US$ 1025/ton. In the F E Asian market, PTA prices surged and were assessed at US$ 1000/ton. Prices of PTA imported from the Taiwanese market remained stable and were offered in the range of US$ 970/ton to US$ 975/ton. In the Chinese domestic market, PTA prices kept unchanged in the range of RMB 7600/ton to RMB 7650/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices stayed steady and were offered in the range of US$ 1445/ton to US$ 1450/ton. In the F E Asian region, Ethylene prices remained steady and were quoted at US$ 1410/ton. In the US market, Ethylene prices remained stable and were offered in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices kept steady in the European international as well as in domestic markets and were quoted at US$ 1320/ton and € 1060/ton, respectively.
 
MEG prices dropped in Asian markets. In the S E Asian region, MEG prices declined and were quoted at US$ 1010/ton. In the Chinese international market, MEG prices fell and were offered in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7400/ton to RMB 7450/ton.
 
In the S E Asian region, prices of BG PET Chips remained steady in the range of US$ 1365/ton to US$ 1405/ton, and some deals were concluded in the range of US$ 1375/ton to US$ 1415/ton. In the F E Asian market, selling offers were steady in the range of US$ 1380/ton to US$ 1420/ton, while talked prices were offered in the range of US$ 1390/ton to US$ 1430/ton. In the Chinese market, BG PET Chips prices increased and were assessed in the range of RMB 9750/ton to RMB 9800/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1210/ton to US$ 1220/ton. In the Indian market, FOB based prices were in the range of US$ 1240/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices kept steady and were quoted in the range of RMB 9400/ton to RMB 9450/ton.
 
PSF prices remained steady in the Asian region. In the F E Asian market, PSF prices kept stable at US$ 1410/ton. In the S E Asian market, PSF selling prices remained steady at US$ 1310/ton. In the Chinese domestic market, PSF prices stayed stable in the range of RMB 10025/ton to RMB 10075/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept inert and were assessed at RMB 10600/ton, RMB 11700/ton and RMB 10650/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1460/ton, US$ 1595/ton, and US$ 1445/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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