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BG and FG PET Chips prices decline in Asian markets
18
Dec '14
Paraxylene (PX) prices declined in Asian markets. PX prices plunged in SE Asia, where they ranged between US$ 805 and 810 per ton. In the FE Asian market, PX prices dropped to US$ 790 per ton. Prices of PX imported from the Taiwanese market decreased to a range of US$ 835 to 840 per ton.
 
PTA prices plunged in Asia. SE Asian market witnessed a decrease in PTA prices, which ranged between US$ 640 and 645 per ton. In the FE Asian market, PTA prices went down to US$ 625 per ton. Prices of PTA imported from the Taiwanese market decreased to a range of US$ 635 to 640 per ton. In the Chinese domestic market, PTA prices decreased to a range of RMB 4615 to 4665 per ton.
 
Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 1035 and 1040 per ton. In the FE Asian market, Ethylene prices were stable at US$ 950 per ton. In the US market, Ethylene prices increased and they ranged between 38.50 and 39.00 cents per pound. Ethylene prices declined in the European international as well as in domestic markets to US$ 1015 per ton and € 810 per ton, respectively.
 
MEG prices remained unaffected in Asia. In SE Asia, MEG prices were stable at US$ 760 per ton. In the Chinese international market, MEG prices decreased and they ranged between US$ 750 and 755 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 5850 to 5900 per ton.
 
In SE Asia, prices of BG PET Chips declined ranging between US$ 1010 and 1050 per ton, and some deals were concluded in the range of US$ 1020 to 1060 per ton. In the FE Asian market, selling offers plunged in the range of US$ 1030 to 1070 per ton, while talked prices hovered in the range of US$ 1040 to 1080 per ton. In the Chinese market, BG PET Chips’ prices declined and were assessed between RMB 7075 and 7125 per ton.
 
In the Korean market, prices of FG PET Chips declined in the range between US$ 915 and 945 per ton. In the Indian market, FOB based prices hovered in the range of US$ 925 to 955 per ton. In the Chinese market, FG PET Chips’ prices declined and they were quoted between RMB 6325 and 6375 per ton.
 
PSF prices plunged in Asia. In the FE Asian market, PSF prices declined to US$ 1095 per ton. In the SE Asian market, PSF selling prices went down to US$ 995 per ton. In the Chinese domestic market, PSF prices decreased and they were offered between RMB 7650 and 7675 per ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY were stable at RMB 7850 per ton, RMB 10000 per ton and RMB 7750 per ton, respectively. In the export market, offers for POY were stable at US$ 1040 per ton, while DTY and FDY prices declined to US$ 1340 per ton and US$ 1005 per ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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