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Polyester POY and FDY prices move up in Chinese market

21 Jan '15
3 min read

Paraxylene (PX) prices increased in Asian markets. PX prices went up in SE Asia, where they ranged between US$ 760 and 765 per ton. In the FE Asian market, PX prices went up to US$ 750 per ton. Prices of PX imported from the Taiwanese market increased to a range of US$ 760 to 765 per ton.
 
PTA prices remained unaffected in Asia. SE Asian market witnessed stable trend in PTA prices, which ranged between US$ 585 and 590 per ton. In the FE Asian market, PTA prices were stable at US$ 570 per ton. Prices of PTA imported from the Taiwanese market increased to a range of US$ 565 to 570 per ton. In the Chinese domestic market, PTA prices decreased to a range of RMB 4355 to 4405 per ton.
 
Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 935 and 940 per ton. In the FE Asian market, Ethylene prices were stable at US$ 880 per ton. In the US market, Ethylene prices were stable ranging between 36.50 and 37.00 cents per pound. Ethylene prices were stable in the European international market at US$ 785 per ton, while in the domestic market prices declined to € 700 per ton.
 
MEG prices remained unaffected in Asia. In the SE Asia, MEG prices were stable at US$ 725 per ton. In the Chinese international market, MEG prices increased ranging between US$ 715 and 720 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 5630 to 5680 per ton.
 
In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 885 and 925 per ton, and some deals were concluded in the range of US$ 895 to 935 per ton. In the FE Asian market, selling offers were stable in the range of US$ 905 to 945 per ton, while talked prices hovered in the range of US$ 915 to 955 per ton. In the Chinese market, BG PET Chips’ prices were stable ranging between RMB 6225 and 6275 per ton.
 
In the Korean market, prices of FG PET Chips remained unaffected in the range between US$ 800 and 830 per ton. In the Indian market, FOB based prices hovered in the range of US$ 810 to 840 per ton. In the Chinese market, FG PET Chips’ prices increased and they ranged between RMB 6025 and 6075 per ton.
 
PSF prices remained unaffected in Asia. In the FE Asian market, PSF prices were stable at US$ 980 per ton. In the SE Asian market, PSF selling prices were stable at US$ 880 per ton. In the Chinese domestic market, PSF prices were stable ranging between RMB 6900 and 6925 per ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY increased to RMB 7300 per ton and RMB 7150 per ton, respectively, while DTY prices were stable at RMB 8900 per ton. In the export market, offers for POY and FDY increased to US$ 955 per ton and US$ 915 per ton, respectively, while DTY prices were stable at US$ 1170 per ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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