• Linkdin

Daily round-up of global polyester value-chain

09 Jun '10
1 min read

Price of Paraxylene went down to US $885-890/ton at Chinese and Taiwanese main ports. In Korean market, price was in the range of $875-895/ton.

PTA price touched the lowest level in the month of June. Short term demand observed in the market could not support the prices. In S E Asian market, price of PTA was around $825/ton. PTA price in S E Asian market was around $832/ton. In Chinese market price was in the range of RMB 6800-6900/ton.

In absence of market volatility and despite of oversupply in market, Ethylene price maintained its price range in between $895-900/ton. Sellers kept their offer price in the range of $900-905/ton but trading mainly concluded below $900/ton only. In European market, price was in the range of $1060-1070/ton while in US market it hovered around 32.5 cents/pound.

MEG cargo traded in the range of $690-695/ton at the Chinese main ports. Sinopec MEG contract was around RMB 6500/ton and MEG contract price for July is expected around $850/ton from SABIC.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search