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PTA & MEG prices up, BGPET chip prices stable
21
Dec '10
Paraxylene in S E Asian region witnessed increase of US$ 5/ton and hovered in the range of US$ 1380/ton to US$ 1385/ton. Korean market also noticed a similar amount of hike and prices were marked at US$ 1375/ton.

Asian PTA market increased by US$ 5/ton and was assessed in the range of US$ 1180/ton to US$ 1185/ton. Price of PTA in F E Asian region tumbled down by US$ 5/ton and was quoted at US$ 1185/ton.

Ethylene prices remained stable throughout the globe. In S E Asian market, prices were assessed in the range of US$ 1080/ton to US$ 1085/ton. F E Asian price was stable at US$ 1145/ton. European international and domestic markets witnessed stable price at US$ 1155/ton and € 985/ton, respectively.

MEG prices increased in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1065/ton to US$ 1070/ton. In Chinese markets, price of MEG was at US$ 1055/ton. In Chinese domestic market MEG price was in the range of RMB 8375/ton to RMB 8400/ton.

BGPET Chips prices remained stable in S E Asian region and hovered in the range of US$ 1490/ton to US$ 1500/ton. Price in Chinese domestic market moved in the range of RMB 11300/ton to RMB 11500/ton.

FGPET Chips prices in Chinese markets were observed in the range of US$ 1450/ton to US$ 1460/ton. Price in Indian market was assessed at the level of US$ 1480/ton.

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Fibre2fashion News Desk - India

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