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PTA & MEG stable, ethylene trends decline
Mar '11
Paraxylene price went down in S E Asian region, between US$ 1630/ton US$ 1640/ton. In F E Asian market price hovered in the range of US$ 1635/ton to US$ 1645/ton. PX price in Korean market was marked around US$ 1635/ton. In Chinese market, PX price stood around US$ 1640/ton.

Asian PTA price remained stable, in the range of US$ 1500/ton to US$ 1505/ton. Price of PTA in F E Asian region was quoted at US$ 1475/ton. In Indian market, PTA price was quoted around US$ 1505/ton. In Chinese market, price of PTA was assessed down in the range of RMB 11500/ton to RMB 11550/ton.

Ethylene price declined marginally in S E Asian market and was assessed in the range of US$ 1280/ton to US$ 1285/ton. F E Asian market price was in the range of US$ 1280/ton to US$ 1290/ton. In European international and domestic market price was stable at US$ 1560/ton and € 1200/ton, respectively. In U.S.A market, ethylene was around 53.25 cents/pound to 53.95 cents/pound.

MEG price remained stable in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1245/ton to US$ 1250/ton. In Indian markets, price of MEG was in the range of US$ 1250/ton to US$ 1255/ton.

BGPET Chips price remained stable in S E Asian region. It was in the range of US$ 1930/ton to US$ 1940/ton. In F E Asian markets, selling offers was in the range of US$ 1935/ton to US$ 1945/ton for goods to be exported.

FGPET Chips prices in Korean markets were in the range of US$ 1840/ton to US$ 1850/ton. Price in Indian market was assessed in the range of US$ 1850/ton to US$ 1845/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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Courtesy: Commonwealth Bank of Australia

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