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PX & MEG prices hike, ethylene stable
23
Dec '10
Paraxylene in S E Asian region witnessed increase of US$ 10/ton and hovered in the range of US$ 1385/ton to US$ 1390/ton. Korean market also noticed a similar amount of hike and prices were marked at US$ 1380/ton.

Asian PTA market was assessed in the range of US$ 1190/ton to US$ 1195/ton. Price of PTA in F E Asian region was quoted at US$ 1195/ton. In Chinese domestic market, price of PTA was in the range of RMB 9500/ton to RMB 9525/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$ 1075/ton to US$ 1080/ton. In Chinese markets, price of MEG was at US$ 1080/ton. In Chinese domestic market, MEG price was in the range of RMB 8450/ton to RMB 8500/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.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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