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PX & PTA prices rise, MEG spot dips
11
Nov '10
Paraxylene increased by US $10 and surged to $1380 / ton in S E Asian market. PX imported from the Korean market was quoted around $1370-1375 / ton.

In Asian market, PTA price surged up to $1410 / ton in S E Asian market but was traded between $1370-1380 / ton. In Taiwanese market, PTA was offered around $1375 / ton and in Korean region it stood around $1385 / ton.

Ethylene market was stable and was quoted around $955 / ton in S E Asian market. In US market, ethylene price was around 52.75 cents/gallon while in European market, it was around $1145 / ton.

MEG spot market fell down due to higher imports and general trading atmosphere and current offer prevailed around $1180 / ton. Korean offers prevailed in the range of $1110-1120 / ton.

BGPET Chip was stable in Japanese and Korean market and was assessed in the range of $1650-1670 / ton.

Click here to view and review daily price trends.

Fibre2fashion News Desk - India

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