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Southeast Asian PX & PTA prices decline
17
Oct '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1045/ton to US$ 1050/ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1030/ton. Prices of PX imported from the Taiwanese market dropped and were offered in the range of US$ 1060/ton to US$ 1065/ton.
 
PTA prices plunged in the Asian region. In the S E Asian market, PTA prices fell and were quoted in the range of US$ 775/ton to US$ 780/ton. In the F E Asian market, PTA prices decreased and were offered at US$ 755/ton. Prices of PTA imported from the Taiwanese market inched down and were quoted in the range of US$ 760/ton to US$ 765/ton. In the Chinese domestic market, PTA prices kept inert and were offered in the range of RMB 5695/ton to RMB 5745/ton.
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices moved down and were assessed in the range of US$ 1395ton to US$ 1400/ton. In the F E Asian region, Ethylene prices kept stable and were quoted at US$ 1450/ton. In the US market, Ethylene prices shot up and were quoted in the range of 66.50 cents/pound to 67.00 cents/pound. Ethylene prices kept unchanged in the European international as well as in domestic markets and were quoted at US$ 1180/ton and € 1000/ton, respectively.
 
MEG prices kept inert in Asian markets. In the S E Asian region, MEG prices remained stable and were quoted at US$ 815/ton. In the Chinese international market, MEG prices moved up and were assessed in the range of US$ 805/ton to US$ 810/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 5885/ton to RMB 5935/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert in the range of US$ 1170/ton to US$ 1210/ton, and some deals were concluded in the range of US$ 1180/ton to US$ 1220/ton. In the F E Asian market, selling offers kept stable in the range of US$ 1190/ton to US$ 1230/ton, while talked prices were quoted in the range of US$ 1200/ton to US$ 1240/ton. In the Chinese market, BG PET Chips’ prices stayed stable and were assessed in the range of RMB 7925/ton to RMB 7975/ton.
 
In the Korean market, prices of FG PET Chips kept unaltered and were assessed in the range of US$ 1030/ton to US$ 1070/ton. In the Indian market, FOB based prices hovered in the range of US$ 1040/ton to US$ 1080/ton. In the Chinese market, FG PET Chips’ prices decreased and were offered in the range of RMB 7450/ton to RMB 7500/ton.
 
PSF prices kept stable in the Asian region. In the F E Asian market, PSF prices remained steady at US$ 1215/ton. In the S E Asian market, PSF selling prices kept inert at US$ 1115/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 8300/ton to RMB 8325/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept inert at RMB 8550/ton, RMB 10650/ton and RMB 8750/ton, respectively. In the export market, offers for POY fell to US$ 1160/ton, while DTY and FDY prices were stable at US$ 1460/ton and US$ 1180/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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