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PX & PTA prices continue upward momentum
Feb '11
Paraxylene prices went up in S E Asian region, towards level of US$ 1640/ton due to firm support from upstream and hovered in the range of US$ 1637/ton to US$ 1642/ton. PX price in Korean market was marked around US$ 1630/ton. In Chinese market, PX price stood in the range of US$ 1635/ton to US$ 1640/ton.

Asian PTA price recovered the lost ground of last few days. Price increased to the range of US$ 1430/ton to US$ 1435/ton. Price of PTA in F E Asian region was quoted at US$ 1430/ton. In Chinese market PTA was around US$ 1435/ton.

Ethylene price remained firm with the help of upstream. In S E Asian market, prices were in the range of US$ 1180/ton to US$ 1190/ton. F E Asian price was in the range of US$ 1240/ton to US$ 1250/ton. In European international and domestic markets price was stable at US$ 1400/ton and € 1105/ton, respectively. In U.S.A market price was around 44.50 cents/pound.

MEG price was stable in the global markets due to lack of demand. In S E Asian region, MEG prices hovered in the range of US$ 1195/ton to US$ 1200/ton. In Chinese markets, price of MEG was around US$ 1195/ton.

BGPET Chips remained stable in S E Asian region; prices hovered in the range of US$ 1775/ton to US$ 1785/ton. In F E Asian markets, selling offers were in the range of US$ 1775/ton to US$ 1785/ton for the goods imported.

FGPET Chips prices in Korean markets were in the range of US$ 1745/ton to US$ 1755/ton. Price in Indian market assessed in the range of US$ 1760/ton to US$ 1765/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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