Polyester raw material prices see general declining trend

17 Nov '14

3 min read

Paraxylene (PX) prices declined in Asian markets. PX prices went down in SE Asia, and they ranged between US$ 980 and 985 per ton. In the FE Asian market, PX prices plunged to US$ 970 per ton. Prices of PX imported from the Taiwanese market were stable in a range of US$ 1015 to 1020 per ton.

PTA prices plunged in Asia. SE Asian market witnessed a decrease in PTA prices which ranged between US$ 790 and 795 per ton. In the FE Asian market, PTA prices decreased to US$ 770 per ton. Prices of PTA imported from the Taiwanese market climbed up to a range of US$ 770 to 775 per ton. In the Chinese domestic market, PTA prices decreased to a range of RMB 5545 to 5595 per ton.

Ethylene prices declined in Asian markets. In the SE Asian market, Ethylene prices went down ranging between US$ 1235 and 1240 per ton. In the FE Asian market, Ethylene prices decreased to US$ 1180 per ton. In the US market, Ethylene prices went up ranging between 52.00 to 52.50 cents per pound. Ethylene prices were stable in the European international market as well as in the domestic market at US$ 1190 per ton and € 975 per ton, respectively.

MEG prices plunged in Asia. In SE Asia, MEG prices decreased to US$ 860 per ton. In the Chinese international market, MEG prices increased ranging between US$ 860 to 865 per ton. In the Chinese domestic market, MEG prices decreased to a range of RMB 6400 to 6450 per ton.

In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 1125 and 1165 per ton, and some deals were concluded in the range of US$ 1135 to 1175 per ton. In the FE Asian market, selling offers were steady in a range of US$ 1145 to 1185 per ton, while talked prices were in the range of US$ 1155 to 1195 per ton. In the Chinese market, BG PET Chips’ prices decreased ranging between RMB 7950 and 8000 per ton.

In the Korean market, prices of FG PET Chips remained unaffected ranging between US$ 1000 and 1040 per ton. In the Indian market, FOB based prices hovered in the range of US$ 1010 to 1050 per ton. In the Chinese market, FG PET Chips’ prices were stable ranging between RMB 7400 and 7450 per ton.

PSF prices climbed up in Asia. In the FE Asian market, PSF prices increased to US$ 1190 per ton. In the SE Asian market, PSF selling prices increased to US$ 1090 per ton. In the Chinese domestic market, PSF prices were stable ranging between RMB 8125 and 8150 per ton.

In the Chinese domestic market, prices of Polyester POY and FDY increased to RMB 8850 per ton and RMB 8750 per ton, respectively, while DTY prices were stable at RMB 10550 per ton. In the export market, offers for POY and FDY increased to US$ 1210 per ton and US$ 1180 per ton, respectively, while DTY prices were stable at US$ 1445 per ton.

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Fibre2fashion News Desk - India

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