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PX, ethylene & MEG prices decline
Feb '11
Paraxylene prices declined in S E Asian region and were assessed around US$ 1640/ton due to weak energy market. Price hovered in the range of US$ 1635/ton to US$ 1640/ton. PX price in Korean market was marked around US$ 1635/ton. In Chinese market, PX price stood in the range of US$ 1635/ton to US$ 1640/ton.

Asian PTA price marginally increased today. Price increased to the range of US$ 1440/ton to US$ 1445/ton. Price of PTA in F E Asian region was quoted at US$ 1440/ton. In Indian market PTA price was around US$ 1470/ton.

Ethylene price declined in S E Asian market and stood in the range of US$ 1185/ton to US$ 1190/ton. F E Asian price was in the range of US$ 1235/ton to US$ 1245/ton. In European international and domestic markets, price was stable at US$ 1400/ton and € 1105/ton, respectively.

MEG price fell in the global markets due to poor market fundamentals. In S E Asian region, MEG prices hovered in the range of US$ 1187/ton to US$ 1195/ton. In Indian markets, price of MEG was in the range of US$ 1195/ton to US$ 1205/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 was in the range of US$ 1775/ton to US$ 1785/ton for imported goods.

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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