Polyester value chain prices largely up in Asia

16 Feb '15

3 min read

Paraxylene (PX) prices surged in Asian markets. PX prices increased in the SE Asia, ranging between US$ 845 to 850 per ton. In the FE Asian market, PX prices surged to US$ 830 per ton. Prices of PX imported from the Taiwanese market went up to a range of US$ 820 to 825 per ton.

PTA prices increased in Asia. In the SE Asian market surged in PTA prices ranging between US$ 610 to 615 per ton. In the FE Asian market, PTA prices went up at US$ 595 per ton. Prices of PTA imported from the Taiwanese market remained steady to a range of US$ 580 to 585 per ton. In the Chinese domestic market, PTA prices surged at a range of RMB 4425 to 4475 per ton.

Ethylene prices went up in Asian markets. In the SE Asian market, Ethylene prices were surged ranging between US$ 925 to 930 per ton. In the FE Asian market, Ethylene prices were surged at US$ 900 per ton. In the US market, Ethylene prices remained steady ranging between 34.50 to 35.00 cents per pound. Ethylene prices were surged in the European international market as well as in the domestic market to US$ 875 per ton and € 770 per ton, respectively.

MEG prices increased in Asia. In the SE Asia, MEG prices were surged at US$ 815 per ton. In the Chinese international market, MEG prices were steady ranging between US$ 785 to 790 per ton. In the Chinese domestic market, MEG prices surged to a range of RMB 6140 to 6190 per ton.

In the SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 905 to 945 per ton. Some deals were in the range of US$ 915 to 955 per ton. In the FE Asian market, selling offers were steady in the range of US$ 925 to 965 per ton, while talked prices were in the range of US$ 935 to 975 per ton. In the Chinese market, BG PET Chips prices were steady ranging between RMB 6750 to 6800 per ton.

In the Korean market, prices of FG PET Chips remained unaffected in the range between US$ 815 to 845 per ton. In the Indian market, FOB based prices were in the range of US$ 825 to 855 per ton. In the Chinese market, FG PET Chips prices were steady ranging between RMB 6350 to 6400 per ton.

PSF prices remained unaffected in Asia. In the FE Asian market, PSF prices were stable at US$ 1030 per ton. In the SE Asian market, PSF selling prices were stable at US$ 930 per ton. In the Chinese domestic market, PSF prices were steady ranging between RMB 7250 to 7275 per ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY were steady at RMB 7450 per ton, RMB 9100 per ton and RMB 7450 per ton, respectively. In the export market, offers for POY, DTY and FDY were stable at US$ 970 per ton, US$ 1195 per ton and US$ 955 per ton, respectively.

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Fibre2fashion News Desk - India

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