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PX, PTA & MEG prices spiral down
28
Mar '11
Paraxylene price continued to fall in S E Asian region and was quoted in between US$ 1725/ton and US$ 1735/ton. In the F E Asian market, price hovered in the range of US$ 1730/ton to US$ 1740/ton. In Korean market, PX was marked around US$ 1725/ton and in Chinese market around US$ 1730/ton.

Asian PTA price went down and was assessed in the range of US$ 1520/ton to US$ 1525/ton. In F E Asian region, PTA was quoted at US$ 1520/ton. In Indian market, PTA stood around US$ 1520/ton. In Chinese market, price of PTA declined in the range of RMB 11450/ton to RMB 11500/ton.

Ethylene price descended in S E Asian market and was marked around US$ 1230/ton to US$ 1235/ton. F E Asian market price was in the range of US$ 1220/ton to US$ 1230/ton. In European international and domestic market, price was stable at US$ 1535/ton and € 1200/ton, respectively. In USA market, ethylene was quoted around 53.55 cents/pound to 54.25 cents/pound.

MEG price turned soft in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1205/ton to US$ 1210/ton. In Indian markets, price of MEG declined to around US$ 1200/ton to US$ 1205/ton and in Chinese market, MEG price stood in the range of RMB 9400/ton to RMB 9450/ton.

BGPET Chips price remained stable in S E Asian region and was assessed around US$ 1920/ton to US$ 1930/ton. In F E Asian markets, selling offers was in the range of US$ 1925/ton to US$ 1935/ton for exportable goods.

FGPET Chips prices in Korean markets stood in the range of US$ 1840/ton to US$ 1850/ton and in Indian market; it was assessed in the range of US$ 1820/ton to US$ 1835/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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