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PX, PTA & MEG prices rise, ethylene falls
29
Apr '11
Paraxylene market price went up to US$ 1625/ton. In S E Asian region, price was quoted in between US$ 1615/ton and US$ 1630/ton. In the F E Asian market, price hovered in the range of US$ 1620/ton to US$ 1630/ton. In Chinese market price was around US$ 1625/ton.

Asian PTA price inclined up and was assessed in the range of US$ 1305/ton to US$ 1315/ton. In F E Asian region, PTA was quoted at US$ 1310/ton. In Indian market, PTA stood around US$ 1315/ton. In Chinese market, price of PTA declined in the range of RMB 10450/ton to RMB 10550/ton.

Ethylene price declined to US$ 1380/ton in S E Asian market and was marked in the range of US$ 1380/ton to US$ 1390/ton. F E Asian market price was in the range of US$ 1350/ton to US$ 1355/ton. In European international and domestic market, price was stable at US$ 1565/ton and € 1140/ton, respectively. In USA market, ethylene was quoted around 65.25 cents/pound to 65.75 cents/pound.

MEG market went up in global market. In S E Asian region, MEG prices hovered in the range of US$ 1125/ton to US$ 1135/ton. In Indian markets, price of MEG rose to around US$ 1130/ton to US$ 1125/ton and in Chinese market, MEG price stood in the range of RMB 8850/ton to RMB 8900/ton.

BGPET Chips price remained range bound in S E Asian region and was in between US$ 1870/ton to US$ 1880/ton. In F E Asian markets, selling offers were around US$ 1875/ton for exportable goods. In Chinese market BG PET Chip was at RMB 13500/ton.

FGPET Chips prices in Korean markets remained stable to firm in the range of US$ 1755/ton to US$ 1765/ton and in Indian market; it was assessed in the range of US$ 1745/ton to US$ 1755/ton. In Chinese market FG PET Chip was at RMB 12750/ton to RMB 12900/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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