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MEG, BGPET & FGPET chips trends weaken
29
Mar '11
Paraxylene price continued to fall in S E Asian region and was quoted in between US$ 1700/ton and US$ 1710/ton. In the F E Asian market, price hovered in the range of US$ 1700/ton to US$ 1705/ton. In Korean market, PX was marked around US$ 1700/ton and in Chinese market around US$ 1705/ton.

Asian PTA price went down and was assessed in the range of US$ 1510/ton to US$ 1520/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 11350/ton to RMB 11450/ton.

Ethylene price remained stable 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$ 1185/ton to US$ 1190/ton. In Indian markets, price of MEG declined to around US$ 1185/ton to US$ 1190/ton and in Chinese market, MEG price stood in the range of RMB 9400/ton to RMB 9450/ton.

BGPET Chips price turned soft 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 remained weak in the range of US$ 1830/ton to US$ 1840/ton and in Indian market; it was assessed in the range of US$ 1815/ton to US$ 1825/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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