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Polyester POY and FDY prices decline in China

29 Jan '15
3 min read

Paraxylene (PX) prices showed mixed trend in Asian markets. PX prices were stable in SE Asia, where they ranged between US$ 775 and 780 per ton. In the FE Asian market, PX prices went up to US$ 760 per ton. Prices of PX imported from the Taiwanese market decreased to a range of US$ 775 to 780 per ton.
 
PTA prices increased in Asia. SE Asian market witnessed an increase in PTA prices, which ranged between US$ 600 and 605 per ton. In the FE Asian market, PTA prices went up to US$ 580 per ton. Prices of PTA imported from the Taiwanese market were stable in a range of US$ 570 to 575 per ton. In the Chinese domestic market, PTA prices decreased to a range of RMB 4345 to 4395 per ton.
 
Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 875 and 880 per ton. In the FE Asian market, Ethylene prices were stable at US$ 860 per ton. In the US market, Ethylene prices declined and they ranged between 35.00 and 35.50 cents per pound. Ethylene prices increased in the European international as well as in domestic markets to US$ 755 per ton and € 695 per ton, respectively.
 
MEG prices increased in Asia. In SE Asia, MEG prices went up to US$ 760 per ton. In the Chinese international market, MEG prices increased and they ranged between US$ 730 to 735 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 5765 to 5815 per ton.
 
In SE Asia, prices of BG PET Chips increased and they ranged between US$ 870 and 910 per ton, and some deals were concluded in the range of US$ 880 to 920 per ton. In the FE Asian market, selling offers went up in the range of US$ 890 to 930 per ton, while talked prices were assessed in the range of US$ 900 to 940 per ton. In the Chinese market, BG PET Chips’ prices were stable ranging between RMB 6300 and 6350 per ton.
 
In the Korean market, prices of FG PET Chips increased in the range between US$ 785 to 815 per ton. In the Indian market, FOB based prices hovered in the range of US$ 795 to 825 per ton. In the Chinese market, FG PET Chips’ prices declined and they ranged between RMB 6125 and 6175 per ton.
 
PSF prices decreased in Asia. In the FE Asian market, PSF prices went down to US$ 975 per ton. In the SE Asian market, PSF selling prices declined to US$ 875 per ton. In the Chinese domestic market, PSF prices plunged and they ranged between RMB 6900 and 6925 per ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY declined to RMB 7300 per ton and RMB 7300 per ton, respectively, while DTY prices were stable at RMB 9000 per ton. In the export market, offers for POY and FDY declined to US$ 950 per ton and US$ 935 per ton, respectively, while DTY prices were stable at US$ 1180 per ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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