Global : PX prices stable, PTA & ethylene rises

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PX prices stable, PTA & ethylene rises

03
Jan '11

Paraxylene price in S E Asian region was stable. Price hovered in the range of US$ 1390/ton to US$ 1395/ton. PX price in Korean market too fell and were marked around US$ 1385/ton. In Chinese market, PX price hovered in the range of US$ 1370/ton to US$ 1375/ton.

Asian PTA market inched up by US$ 5/ton and price was in the range of US$ 1235/ton to US$ 1240/ton. Price of PTA in F E Asian region was quoted at US$ 1235/ton. In Chinese domestic market, price of PTA was in the range of RMB 9845/ton to RMB 9875/ton.

Ethylene price increased in the global markets. In S E Asian market, prices were assessed in the range of US$ 1095/ton to US$ 1100/ton. F E Asian price was in the range of US$ 1160/ton to US$ 1165/ton. In European international and domestic markets, price was stable at US$ 1205/ton and € 995/ton, respectively. U.S.A Ethylene market was in the range of 62.75 cents/pound to 63.25 cents/pound.

MEG price was range bound in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1097/ton to US$ 1102/ton. In Chinese markets, price of MEG was at US$ 1097/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. Sellers increased their offer around US$ 1510/ton but no deals were concluded.

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.

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Fibre2fashion News Desk - India

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