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Ethylene prices show mixed trend in Asian markets

04 Mar '15
3 min read

Paraxylene (PX) prices remained unaffected in Asian markets. PX prices were stable in SE Asia, where they ranged between US$ 920 and 925 per ton. In the FE Asian market, PX were stable at US$ 905 per ton. Prices of PX imported from the Taiwanese market went up to a range of US$ 920 to 925 per ton.
 
PTA prices increased in Asia. SE Asian market witnessed an increase in PTA prices which ranged between US$ 665 and 670 per ton. In the FE Asian market, PTA prices went up to US$ 650 per ton. Prices of PTA imported from the Taiwanese market went up to a range of US$ 630 to 635 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 4795 to 4845 per ton.
 
Ethylene prices showed mixed trend in Asian markets. In the SE Asian market, Ethylene prices went up and they ranged between US$ 1025 and 1030 per ton. In the FE Asian market, Ethylene prices were stable at US$ 970 per ton. In the US market, Ethylene prices declined ranging between 33.50 and 34.00 cents per pound. Ethylene prices were stable in the European international as well as in domestic markets at US$ 920 per ton and € 820 per ton, respectively.
 
MEG prices declined in Asia. In SE Asia, MEG prices plunged to US$ 865 per ton. In the Chinese international market, MEG prices went up and they ranged between US$ 865 and 870 per ton. In the Chinese domestic market, MEG prices decreased to a range of RMB 6365 to 6415 per ton.
 
In SE Asia, prices of BG PET Chips remained unaffected 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 were stable 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 were stable ranging between RMB 7175 to 7225 per ton.
 
In the Korean market, prices of FG PET Chips remained unaffected 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 and they ranged between RMB 6625 and 6675 per ton.
 
PSF prices increased in Asia. In the FE Asian market, PSF prices went up to US$ 1055 per ton. In the SE Asian market, PSF selling prices went up to US$ 955 per ton. In the Chinese domestic market, PSF prices increased ranging between RMB 7450 and 7475 per ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY increased to RMB 7450 per ton and RMB 9100 per ton, respectively, while FDY prices were stable at RMB 7500 per ton. In the export market, offers for POY and FDY were stable at US$ 965 per ton and US$ 960 per ton, respectively, while DTY prices increased to US$ 1190 per ton.
 
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Fibre2fashion News Desk - India

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