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PX & PTA prices show downtrend in Asian markets
01
Aug '14
Paraxylene (PX) prices plunged in Asian markets. In the S E Asian region, PX prices went down and were assessed in the range of US$ 1400/ton to US$ 1405/ton. In the F E Asian market, PX prices plunged and were offered at US$ 1385/ton. Prices of PX imported from the Taiwanese market declined and were offered in the range of US$ 1405/ton to US$ 1410/ton.
 
PTA prices showed downward trend in the Asian region. In the S E Asian market, PTA prices plunged and were assessed in the range of US$ 1025/ton to US$ 1030/ton. In the F E Asian market, PTA prices declined and were offered at US$ 1005/ton. Prices of PTA imported from the Taiwanese market decreased and were quoted in the range of US$ 1005/ton to US$ 1010/ton. In the Chinese domestic market, PTA prices kept inert and were offered in the range of RMB 7450/ton to RMB 7500/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices kept inert and were assessed in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1520/ton. In the US market, Ethylene prices declined and were quoted in the range of 62.50 cents/pound to 63.00 cents/pound. Ethylene prices kept inert in the European international as well as in domestic markets and were offered at US$ 1330/ton and € 1030/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices decreased and were offered at US$ 985/ton. In the Chinese international market, MEG prices kept stable and were quoted in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, MEG prices remained stable in the range of RMB 7400/ton to RMB 7450/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1370/ton to US$ 1410/ton, and some deals were concluded in the range of US$ 1380/ton to US$ 1420/ton. In the F E Asian market, selling offers remained stable in the range of US$ 1390/ton to US$ 1430/ton, while talked prices were assessed in the range of US$ 1400/ton to US$ 1440/ton. In the Chinese market, BG PET Chips prices remained steady and were offered in the range of RMB 9500/ton to RMB 9550/ton.
 
In the Korean market, prices of FG PET Chips kept inert and were assessed in the range of US$ 1220/ton to US$ 1230/ton. In the Indian market, FOB based prices were in the range of US$ 1250/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices stayed stable and were offered in the range of RMB 9200/ton to RMB 9250/ton.
 
PSF prices kept stable in the Asian region. In the F E Asian market, PSF prices remained stable at US$ 1420/ton. In the S E Asian market, PSF selling prices kept unchanged at US$ 1320/ton. In the Chinese domestic market, PSF prices remained stable and were assessed in the range of RMB 9850/ton to RMB 9900/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were assessed at RMB 9900/ton, RMB 11400/ton and RMB 10250/ton, respectively. In the export market, offers for POY, DTY and FDY kept inert at US$ 1350/ton, US$ 1550/ton and US$ 1385/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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