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Polyester value chain prices show downtrend in Asia
13
Oct '14
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices plunged and were offered in the range of US$ 1110/ton to US$ 1115/ton. In the F E Asian market, PX prices dropped and were quoted at US$ 1095/ton. Prices of PX imported from the Taiwanese market fell and were offered in the range of US$ 1150/ton to US$ 1155/ton.
 
PTA prices declined in the Asian region. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 840/ton to US$ 845/ton. In the F E Asian market, PTA prices plunged and were offered at US$ 820/ton. Prices of PTA imported from the Taiwanese market decreased and were quoted in the range of US$ 840/ton to US$ 845/ton. In the Chinese domestic market, PTA prices inched down and were offered in the range of RMB 5845/ton to RMB 5895/ton.
 
Ethylene prices plunged in Asian markets. In the S E Asian market, Ethylene prices went down and were assessed in the range of US$ 1465ton to US$ 1470/ton. In the F E Asian region, Ethylene prices declined and were quoted at US$ 1450/ton. In the US market, Ethylene prices decreased and were quoted in the range of 67.50 cents/pound to 68.00 cents/pound. Ethylene prices moved up in the European international as well as in domestic markets and were quoted at US$ 1180/ton and € 1000/ton, respectively.
 
MEG prices fell in Asian markets. In the S E Asian region, MEG prices declined and were quoted at US$ 820/ton. In the Chinese international market, MEG prices kept inert and were assessed in the range of US$ 845/ton to US$ 850/ton. In the Chinese domestic market, MEG prices moved down and were offered in the range of RMB 5860/ton to RMB 5910/ton.
 
In the S E Asian region, prices of BG PET Chips kept stable in the range of US$ 1220/ton to US$ 1260/ton, and some deals were concluded in the range of US$ 1230/ton to US$ 1270/ton. In the F E Asian market, selling offers kept unchanged in the range of US$ 1240/ton to US$ 1280/ton, while talked prices were quoted in the range of US$ 1250/ton to US$ 1290/ton. In the Chinese market, BG PET Chips’ prices decreased and were assessed in the range of RMB 8175/ton to RMB 8225/ton.
 
In the Korean market, prices of FG PET Chips kept stable and were assessed in the range of US$ 1080/ton to US$ 1100/ton. In the Indian market, FOB based prices hovered in the range of US$ 1090/ton to US$ 1130/ton. In the Chinese market, FG PET Chips prices decreased and were offered in the range of RMB 7575/ton to RMB 7625/ton.
 
PSF prices declined in the Asian region. In the F E Asian market, PSF prices inched down to US$ 1250/ton. In the S E Asian market, PSF selling prices plunged to US$ 1150/ton. In the Chinese domestic market, PSF prices decreased and were quoted in the range of RMB 8525/ton to RMB 8550/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY declined to RMB 8650/ton, RMB 10650/ton and RMB 8750/ton, respectively. In the export market, offers for POY, DTY and FDY dropped to US$ 1180/ton, US$ 1465/ton and US$ 1180/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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