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PTA & MEG trends up, ethylene down
Jan '11
Paraxylene price in S E Asian region remained range bound. Price hovered in the range of US$ 1390/ton to US$ 1395/ton. PX price in Korean market fell and was marked around US$ 1390/ton. In Chinese market, PX price hovered in the range of US$ 1370/ton to US$ 1380/ton.

Asian PTA market remained firm and price was in the range of US$ 1230/ton to US$ 1240/ton. Price of PTA in F E Asian region was quoted at US$ 1237/ton. In Chinese domestic market, price of PTA increased and remained in the range of RMB 10100/ton to RMB 10300/ton.

Ethylene price declined 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 price was stable at US$ 1205/ton and € 995/ton, respectively.

MEG price went up in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1130/ton to US$ 1140/ton. In Chinese US dollar markets, price of MEG was around US$ 1130/ton. In the Chinese domestic market MEG price was in the range of RMB 8850/ton to RMB 8950/ton.

BGPET Chips prices increased in tandem with feedstock, in S E Asian region it hovered in the range of US$ 1520/ton to US$ 1530/ton. Seller increased their offer around US$ 1550/ton but no deals found concluded. Price in Chinese domestic market moved in the range of RMB 12200/ton to RMB 12400/ton.

FGPET Chips prices in Chinese markets were observed in the range of US$ 1475/ton to US$ 1485/ton. Price in Indian market was assessed in the range of US$ 1500/ton to US$ 1505/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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