• Linkdin

PX and MEG prices inch up in Asian region

01 Sep '14
3 min read

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.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search