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BG & FG PET Chips' prices increase in Chinese market

26 Feb '15
3 min read

Paraxylene (PX) prices declined in Asian markets. PX prices went down in SE Asia, where they ranged between US$ 870 and 875 per ton. In the FE Asian market, PX prices plunged to US$ 850 per ton. Prices of PX imported from the Taiwanese market decreased to a range of US$ 875 to 880 per ton.
 
PTA prices increased in Asia. SE Asian market witnessed an increase in PTA prices, which ranged between US$ 630 and 635 per ton. In the FE Asian market, PTA prices went up to US$ 610 per ton. Prices of PTA imported from the Taiwanese market were stable in a range of US$ 600 to 605 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 4650 to 4700 per ton.
 
Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 960 to 965 per ton. In the FE Asian market, Ethylene prices were stable at US$ 915 per ton. In the US market, Ethylene prices were stable ranging between 34.50 and 35.00 cents per pound. Ethylene prices were stable in the European international as well as in domestic markets to US$ 915 per ton and € 810 per ton, respectively.
 
MEG prices increased in Asia. In SE Asia, MEG prices went up to US$ 825 per ton. In the Chinese international market, MEG prices were stable ranging between US$ 810 and 815 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 6285 to 6335 per ton.
 
In SE Asia, prices of BG PET Chips increased ranging between US$ 935 and 975 per ton, and some deals were concluded in the range of US$ 945 to 985 per ton. In the FE Asian market, selling offers went up in the range of US$ 955 to 995 per ton, while talked prices hovered in the range of US$ 965 to 1005 per ton. In the Chinese market, BG PET Chips’ prices increased ranging between RMB 6925 and 6975 per ton.
 
In the Korean market, prices of FG PET Chips increased in the range between US$ 840 and 870 per ton. In the Indian market, FOB based prices hovered in the range of US$ 850 to 880 per ton. In the Chinese market, FG PET Chips’ prices increased ranging between RMB 6450 and 6500 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 and 7275 per ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY were stable at RMB 7450 per ton, RMB 9100 per ton and RMB 7450 per ton, respectively. In the export market, offers for POY and FDY were stable at US$ 970 per ton and US$ 955 per ton, respectively, while DTY prices declined to US$ 1190 per ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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