Polyester value chain prices stay stable in global markets

19 Nov '14

3 min read

Paraxylene (PX) prices remained unaffected in Asian markets. PX prices were stable in SE Asia, ranging between US$ 990 and 995 per ton. In the FE Asian market, PX prices were stable at US$ 975 per ton. Prices of PX imported from the Taiwanese market went up to a range of US$ 990 to 995 per ton.

PTA prices were stable in Asia. SE Asian market witnessed stable PTA prices ranging between US$ 790 to 795 per ton. In the FE Asian market, PTA prices were stable at US$ 770 per ton. Prices of PTA imported from the Taiwanese market stayed steady in a range of US$ 765 to 770 per ton. In the Chinese domestic market, PTA prices declined to a range of RMB 5525 to 5575 per ton.

Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 1235 to 1240 per ton. In the FE Asian market, Ethylene prices were stable at US$ 1180 per ton. In the US market, Ethylene prices were steady ranging between 56.00 to 56.50 cents per pound. Ethylene prices declined in the European international as well as in domestic markets to US$ 1180 per ton and € 945 per ton, respectively.

MEG prices were stable in Asia. In the SE Asia, MEG prices remained unchanged at US$ 865 per ton. In the Chinese international market, MEG prices went up ranging between US$ 855 to 860 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 6430 to 6480 per ton.

In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 1125 to 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 the range of US$ 1145 to 1185 per ton, while talked prices hovered in the range of US$ 1155 to 1195 per ton. In the Chinese market, BG PET Chips’ prices were stable ranging between RMB 7925 to 7975 per ton.

In the Korean market, prices of FG PET Chips remained unaffected ranging between US$ 1000 to 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 to 7450 per ton.

PSF prices remained unaffected in Asia. In the FE Asian market, PSF prices were stable at US$ 1185 per ton. In the SE Asian market, PSF selling prices were steady at US$ 1085 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, DTY and FDY were steady at RMB 8850 per ton, RMB 10550 per ton and RMB 8750 per ton, respectively. In the export market, offers for POY, DTY and FDY were steady at US$ 1210 per ton, US$ 1445 per ton and US$ 1180 per ton, respectively.

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Fibre2fashion News Desk - India

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