Home / Knowledge / News / Textiles / PX and MEG prices inch up in Asian region
PX and MEG prices inch up in Asian region
01
Sep '14
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1300/ton to US$ 1305/ton. In the F E Asian market, PX prices increased and were assessed at US$ 1280/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1290/ton to US$ 1295/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices decreased and were offered in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices plunged and were quoted at US$ 975/ton. Prices of PTA imported from the Taiwanese market dropped and were offered in the range of US$ 980/ton to US$ 985/ton. In the Chinese domestic market, PTA prices remained steady and were offered in the range of RMB 7065/ton to RMB 7115/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained steady and were quoted in the range of US$ 1490/ton to US$ 1495/ton. In the F E Asian region, Ethylene prices kept inert and were quoted at US$ 1490/ton. In the US market, Ethylene prices stayed steady and were offered in the range of 68.00 cents/pound to 68.50 cents/pound. Ethylene prices declined in the European international as well as in domestic markets and were offered at US$ 1270/ton and € 990/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG prices increased and were quoted at US$ 985/ton. In the Chinese international market, MEG prices remained stable and were offered in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 7150/ton to RMB 7200/ton.
 
In the S E Asian region, prices of BG PET Chips remained stable 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 were stable in the range of US$ 1340/ton to US$ 1380/ton, while talked prices were quoted in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, BG PET Chips prices stayed stable and were assessed in the range of RMB 9350/ton to RMB 9400/ton.
 
In the Korean market, prices of FG PET Chips kept unchanged and were assessed 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 remained steady and were offered in the range of RMB 9100/ton to RMB 9150/ton.
 
PSF prices remained unaltered in the Asian region. In the F E Asian market, PSF prices remained steady at US$ 1420/ton. In the S E Asian market, PSF selling prices kept inert at US$ 1320/ton. In the Chinese domestic market, PSF prices kept inert and 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 9750/ton, RMB 11400/ton and RMB 10400/ton, respectively. In the export market, offers for POY, DTY and FDY increased marginally to US$ 1345/ton, US$ 1570/ton and US$ 1430/ton, respectively.
 
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Fibre2fashion News Desk - India


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