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PX stays unchanged, ethylene & MEG steady
28
Jan '11
Paraxylene price was unchanged in S E Asian region at level of US$ 1645/ton due to stable downstream demand. Price hovered in the range of US$ 1645/ton to US$ 1660/ton. PX price in Korean market was marked around US$ 1650/ton. In Chinese market, PX price hovered in the range of US$ 1650/ton to US$ 1665/ton.

Asian PTA price declined marginally to US$ 1417/ton to US$ 1422/ton. Price of PTA in F E Asian region was quoted at US$ 1420/ton. In Chinese domestic market, PTA increased in the range of RMB 11100/ton to RMB 11200/ton. In Indian market, PTA was around US$ 1425/ton.

Ethylene price was stable in the global markets. In S E Asian market, prices were assessed in the range of US$ 1135/ton to US$ 1140/ton. F E Asian price was in the range of US$ 1235/ton to US$ 1240/ton. In European international and domestic markets price was stable at US$ 1355/ton and € 1075/ton, respectively. In U.S.A market price was around 43.20 cents/pound.

MEG price was stable in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1200/ton to US$ 1205/ton. In Chinese markets, price of MEG was around US$ 1195/ton. In the Chinese domestic market MEG price was in the range of RMB 9500/ton to RMB 9600/ton.

BGPET Chips opened with bullish sentiment in S E Asian region and hovered in the range of US$ 1685/ton to US$ 1695/ton. Price in Chinese domestic market moved in the range of RMB 13000/ton to RMB 13150/ton. In Chinese markets offers from traders was in the range of US$ 1690/ton to US$ 1695/ton for the goods imported from Korean ports but no deals were concluded.

FGPET Chips prices in Chinese markets were observed in the range of US$ 1650/ton to US$ 1655/ton. Price in Indian market was assessed in the range of US$ 1660/ton to US$ 1680/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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