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Ethylene prices show steady trend in Asian markets
27
Aug '14
Paraxylene (PX) prices remained steady in Asian markets. In the S E Asian region, PX prices kept inert and were quoted in the range of US$ 1315/ton to US$ 1320/ton. In the F E Asian market, PX prices remained stable and were offered at US$ 1295/ton. Prices of PX imported from the Taiwanese market declined and were offered in the range of US$ 1315/ton to US$ 1320/ton.
 
PTA prices plunged in the Asian region. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 1010/ton to US$ 1015/ton. In the F E Asian market, PTA prices declined and were offered at US$ 990/ton. Prices of PTA imported from the Taiwanese market remained steady and were quoted in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, PTA prices inched down and were quoted in the range of RMB 7145/ton to RMB 7195/ton.
 
Ethylene prices continued to show steady trend in Asian markets. In the S E Asian market, Ethylene prices kept unchanged and were quoted in the range of US$ 1490/ton to US$ 1495/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1490/ton. In the US market, Ethylene prices remained steady and were offered in the range of 67.00 cents/pound to 67.50 cents/pound. Ethylene prices remained unaltered in the European international as well as in domestic markets and were offered at US$ 1280/ton and € 1000/ton, respectively.
 
MEG prices kept inert in the Asian markets. In the S E Asian region, MEG prices remained steady and were quoted at US$ 990/ton. In the Chinese international market, MEG prices kept unchanged and were offered in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, MEG prices declined in the range of RMB 7235/ton to RMB 7285/ton.
 
In the S E Asian region, prices of BG PET Chips maintained steady trend in the range of US$ 1330/ton to US$ 1370/ton, and some deals were concluded in the range of 1340/ton to US$ 1380/ton. In the F E Asian market, selling offers kept inert in the range of US$ 1340/ton to US$ 1380/ton, while talked prices were offered in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices stayed steady and were quoted in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, prices of FG PET Chips remained steady and were offered in the range of US$ 1170/ton to US$ 1180/ton. In the Indian market, FOB based prices hovered in the range of US$ 1200/ton to US$ 1230/ton. In the Chinese market, FG PET Chips prices kept steady and were quoted in the range of RMB 9150/ton to RMB 9200/ton.
 
PSF prices declined in the Asian region. In the F E Asian market, PSF prices went down marginally to US$ 1425/ton. In the S E Asian market, PSF selling prices declined to US$ 1325/ton. In the Chinese domestic market, PSF prices kept inert and were offered in the range of RMB 9750/ton to RMB 9800/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained steady at RMB 9750/ton, RMB 11400/ton and RMB 10400/ton, respectively. In the export market, offer prices for POY, DTY and FDY kept inert at US$ 1340/ton, US$ 1565/ton and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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