PX, PTA & MEG price trends stable

08 Feb '11

2 min read

Paraxylene prices were stable in S E Asian region at US$ 1640/ton due to weak energy market and 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 remained stable. Price stood in the range of US$ 1430/ton to US$ 1435/ton. Price of PTA in F E Asian region was quoted at US$ 1435/ton. In Indian market, PTA price was around US$ 1465/ton.

Ethylene price remain unchanged in S E Asian market and was assessed around 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 was stable 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 were 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 were assessed in the range of US$ 1760/ton to US$ 1765/ton.

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Fibre2fashion News Desk - India

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