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PX trends rebound, PTA & PSF fall
May '11
Paraxylene market bounced back to around US$ 1520/ton. In S E Asian region, price was quoted in between US$ 1515/ton and US$ 1525/ton. In the F E Asian market, price hovered in the range of US$ 1515/ton to US$ 1525/ton. In Chinese market price went down to US$ 1520/ton.

In S E Asian markets, PTA price went down to around US$ 1195/ton in Asian market. In Chinese market, PTA price hovered around RMB 9650/ton but trading price hovered in between RMB 9600/ton to RMB 9620/ton. In Asian market PTA price remained range bound in between US$ 1190/ton to US$ 1200/ton.

Ethylene price hovered around US$ 1260/ton in S E Asian market. In F E Asian market price was in the range of US$ 1255/ton to US$ 1265/ton. In European international and domestic market, price remained around US$ 1550/ton and € 1115/ton, respectively. In USA market, ethylene was quoted around 65.55 cents/pound to 66.15 cents/pound.

In S E Asian region, MEG prices hovered in the range of US$ 1125/ton to US$ 1130/ton. In Indian markets, price of MEG inclined to around US$ 1125/ton to US$ 1135/ton and in Chinese market, MEG price stood in the range of RMB 8750/ton to RMB 8800/ton.

BGPET Chips price remained unchanged in S E Asian region and was in between US$ 1710/ton to US$ 1720/ton. In F E Asian markets, selling offers were around US$ 1715/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12350/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1570/ton to US$ 1580/ton and in Indian market; it was assessed in the range of US$ 1560/ton to US$ 1580/ton. In Chinese market FG PET Chip was at RMB 11850/ton to RMB 11900/ton.

PSF price went down in Chinese market and offers hovered around US$ 1805/ton to US$ 1815/ton. In Indian market 1.4 D PSF was around INR 95.75/Kg. 1.4 D Super black was around INR 106.25/Kg. In S E Asian market PSF offers were around US$ 1760/ton. In Chinese domestic market PSF offers were around RMB 12500/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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