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PX & ethylene prices hike, MEG stable
29
Dec '10
Paraxylene in S E Asian region jumped up and hovered in the range of US$ 1395/ton to US$ 1400/ton. Korean market also noticed a similar movement where price were marked around US$ 1390/ton. In Chinese market PX price stood in the range of US$ 1380/ton to US$ 1385/ton.

Asian PTA market was assessed in the range of US$ 1220/ton to US$ 1230/ton. Price of PTA in F E Asian region was quoted at US$ 1220/ton. In Chinese domestic market, price of PTA was in the range of RMB 9750/ton to RMB 9800/ton.

Ethylene prices increased in the global markets. In S E Asian market, prices were assessed in the range of US$ 1090/ton to US$ 1095/ton. F E Asian price was in the range of US$ 1155/ton to US$ 1160/ton.

In European international and domestic markets prices increased to US$ 1205/ton and € 995/ton, respectively. USA ethylene market was in the range of 62.75 cents/pound to 63.25 cents/pound.

MEG prices were stable in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1095/ton to US$ 1100/ton. In Chinese markets, price of MEG was at US$ 1095/ton. In Chinese domestic market MEG price was in the range of RMB 8600/ton to RMB 8650/ton.

BGPET Chips prices remained stable in S E Asian region and hovered in the range of US$ 1495/ton to US$ 1505/ton. Price in Chinese domestic market moved in the range of RMB 11400/ton to RMB 11550/ton.

FGPET Chips prices in Chinese markets were observed in the range of US$ 1455/ton to US$ 1465/ton. Price in Indian market was assessed at the level of US$ 1485/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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