• Linkdin

PX trends up, PTA, MEG & PSF dip

12 May '11
2 min read

Paraxylene market price inclined to US$ 1570/ton, in tandem with energy market. In S E Asian region, price quoted in between US$ 1565/ton and US$ 1570/ton. In the F E Asian market, price hovered in the range of US$ 1560/ton to US$ 1570/ton. In Chinese market price went down to US$ 1555/ton.

In S E Asian markets, PTA declined to around US$ 1235/ton in Asian market. In Chinese market, PTA price opened around RMB 9850/ton but trading price hovered in between RMB 9600/ton to RMB 9700/ton. In Asian market PTA price declined to US$ 1250/ton to US$ 1260/ton.

Ethylene price remained stable to weak in S E Asian market and marked in the range of US$ 1375/ton to US$ 1380/ton. F E Asian market price was in the range of US$ 1335/ton to US$ 1340/ton. In European international and domestic market, price turned soft around US$ 1540/ton and € 1125/ton, respectively. In USA market, ethylene was quoted around 65.25 cents/pound to 65.75 cents/pound.

MEG markets declined in global market in tandem with allied PET raw material. In S E Asian region, MEG prices hovered in the range of US$ 1080/ton to US$ 1090/ton. In Indian markets, price of MEG inclined to around US$ 1085/ton to US$ 1095/ton and in Chinese market, MEG price stood in the range of RMB 8500/ton to RMB 8600/ton.

BGPET Chips price remained weak in S E Asian region and was in between US$ 1720/ton to US$ 1730/ton. In F E Asian markets, selling offers were around US$ 1725/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12600/ton.

FGPET Chips prices in Korean markets tuned weak in the range of US$ 1650/ton to US$ 1660/ton and in Indian market; it was assessed in the range of US$ 1690/ton to US$ 1700/ton. In Chinese market FG PET Chip was at RMB 12150/ton to RMB 12250/ton.

PSF price continued to decline, in Chinese market PSF offers hovered around US$ 1860/ton to US$ 1870/ton. In Indian market 1.4 D PSF was around INR 98.75/Kg. 1.4 D Super black was around INR 111.25/Kg. In S E Asian market PSF offers were around US$ 1820/ton. In Chinese domestic market PSF offers were around RMB 12900/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search