Home / Knowledge / News / Textiles / PX prices continue to decline in Far East Asian markets
PX prices continue to decline in Far East Asian markets
05
Aug '14
Paraxylene (PX) prices inched down in Asian markets. In the S E Asian region, PX prices went down and were offered in the range of US$ 1355/ton to US$ 1360/ton. In the F E Asian market, PX prices continued to decline and were quoted at US$ 1340/ton. Prices of PX imported from the Taiwanese market fell and were offered in the range of US$ 1385/ton to US$ 1390/ton.
 
PTA prices remained steady in the Asian region. In the S E Asian market, PTA prices kept inert and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In the F E Asian market, PTA prices remained steady and were assessed at US$ 1005/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices stayed steady 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 offered 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 increased and were offered in the range of 67.50 cents/pound to 68.00 cents/pound. Ethylene prices declined in the European international as well as in domestic markets and were assessed at US$ 1325/ton and € 1025/ton, respectively.
 
MEG prices maintained stable trend in Asian markets. In the S E Asian region, MEG prices kept steady and were quoted at US$ 985/ton. In the Chinese international market, MEG prices kept stable and were assessed in the range of US$ 990/ton to US$ 995/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 declined marginally and were assessed in the range of US$ 1360/ton to US$ 1400/ton. Some deals were concluded in the range of US$ 1370/ton to US$ 1410/ton. In the F E Asian market, selling offers dropped and were quoted in the range of US$ 1380/ton to US$ 1420/ton, while talked prices were assessed in the range of US$ 1390/ton to US$ 1430/ton. In the Chinese market, BG PET Chips prices kept inert and were assessed in the range of RMB 9500/ton to RMB 9550/ton.
 
In the Korean market, FG PET Chips prices dipped marginally and were offered 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 declined and were quoted in the range of RMB 9200/ton to RMB 9250/ton.
 
PSF prices kept unchanged 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 stayed steady at US$ 1320/ton. In the Chinese domestic market, PSF prices kept inertand were assessed in the range of RMB 9700/ton to RMB 9750/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 9900/ton, RMB 11400/ton and RMB 11200/ton, respectively. In the export market, offers for POY, DTY and FDY increased to US$ 1355/ton, US$ 1560/ton and US$ 1390/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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