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PSF & BG PET Chips' prices drop in Chinese domestic market
29
Dec '14
Paraxylene (PX) prices remained unaffected in Asian markets. PX prices were stable in SE Asia, where they ranged between US$ 835 and 840 per ton. In the FE Asian market, PX prices were stable at US$ 815 per ton. Prices of PX imported from the Taiwanese market declined to a range of US$ 835 to 840 per ton.
 
PTA prices remained unchanged in Asia. SE Asian market witnessed stable trend in PTA prices, which ranged between US$ 640 and 645 per ton. In the FE Asian market, PTA prices were stable at US$ 625 per ton. Prices of PTA imported from the Taiwanese market decreased to a range of US$ 620 to 625 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 4510 to 4560 per ton.
 
Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable and they ranged between US$ 995 and 1000 per ton. In the FE Asian market, Ethylene prices were stable at US$ 900 per ton. In the US market, Ethylene prices were stable ranging between 42.00 and 42.50 cents per pound. Ethylene prices were stable in the European international as well as in domestic markets at US$ 960 per ton and € 790 per ton, respectively.
 
MEG prices were stable in Asia. In SE Asia, MEG prices were stable at US$ 775 per ton. In the Chinese international market, MEG prices went down ranging between US$ 765 and 770 per ton. In the Chinese domestic market, MEG prices were stable in a range of RMB 5780 to 5830 per ton.
 
In SE Asia, prices of BG PET Chips remained unaffected 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 were stable 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 ranging between RMB 6725 to 6775 per ton.
 
In the Korean market, prices of FG PET Chips remained unaffected 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 were stable ranging between RMB 6400 and 6450 per ton.
 
PSF prices declined in Asia. In the FE Asian market, PSF prices decreased to US$ 1045 per ton. In the SE Asian market, PSF selling prices went down to US$ 945 per ton. In the Chinese domestic market, PSF prices declined ranging between RMB 7325 and 7350 per ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY decreased to RMB 7800 per ton and RMB 7650 per ton, respectively, while DTY prices were stable at RMB 9800 per ton. In the export market, offers for POY, DTY and FDY decreased to US$ 1030 per ton, US$ 1305 per ton and US$ 990 per ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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