PX trends fall, PTA rises & MEG stays firm

02 Dec '10

2 min read

In S E Asian PX market price fell by US $10 to $1285-1290 / ton. The price dropped down in Korean market as well and was offered around $1265 / ton.

In Asian market, PTA prices increased by $10 and lingered in the range of $1145-1150 / ton. In Chinese domestic market, PTA offers remained firm around RMB 9300-9450 / ton.

Ethylene market remained unchanged in S E Asian and F E Asian market at $1055 / ton and $1065 / ton, respectively. No change was recorded in European ethylene market. In European market, ethylene price stood around $1100 / ton and in domestic market, it was quoted around €930 / ton.

Asian MEG market offer prices remained firm. In S E Asian countries, MEG prices hovered in the range of $995-1000 / ton. In Chinese international and domestic market, MEG offers were assessed at $995 / ton and RMB 7900 / ton, respectively.

Offers for BGPET Chip in S E Asian market increased marginally and stood mainly in the range of $1515-1525 / ton. In export market, counteroffers were still quoted around $1490 / ton. In Chinese domestic market, offers were further discussed around RMB 12000 / ton.

FGPET Chip was available in the range of $1600-1615 / ton in S E Asian market.

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