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PX, PTA & MEG prices dip, ethylene rises

14
Feb '12
Paraxylene (PX) price declined in Asian markets to around US$ 1640/ton. In S E Asian market, PX prices were at US$ 1635/ton. In F E Asian region, PX prices were in between US$ 1635/ton to US$ 1640/ton. PX imported from Taiwanese market remained unchanged at US$ 1635/ton.

In Asian markets, PTA price declined slowly. In F E Asian and S E Asian region, PTA prices were in between US$ 1200/ton to US$ 1210/ton. PTA imported from Taiwanese market was quoted around US$ 1205/ton. In Chinese domestic market, PTA price was around RMB 9150/ton to RMB 9200/ton.

In S E Asian market, Ethylene price increased further in the range of US$ 1200/ton to US$ 1210/ton. In F E Asian market, price was in the range of US$ 1200/ton to US$ 1210/ton. In U.S.A market, ethylene price was in the range of 67.25 cents/pound to 67.75 cents/pound.

MEG price declined in S E Asian markets and was offered in the range of US$ 1090/ton to US$ 1100/ton. In Chinese domestic market, MEG price was in the range of RMB 8300/ton to RMB 8400/ton. In U.S.A market MEG price was in the range of 44.00 cents/gallon to 45.00 cents/gallon.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1645/ton to US$ 1655/ton. In F E Asian markets, selling offers were around US$ 1655/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 11850/ton.

In Korean markets, FG PET Chips price was in the range of US$ 1550/ton to US$ 1560/ton and in Indian market, FOB based price was assessed in the range of US$ 1545/ton to US$ 1550/ton. In Chinese market, FG PET Chip hovered at RMB 11200/ton to RMB 11400/ton.

PSF price was stable in N Asian market, in the range of US$ 1775/ton to US$ 1780/ton. In S E Asian market, PSF offers were around US$ 1680/ton. In Chinese domestic market, PSF offers not changed in the range of RMB 12300/ton to RMB 12375/ton.

Polyester POY price was stable in Chinese domestic market. POY price was around RMB 12300/ton. FDY and DTY selling offers were at RMB 13050/ton to RMB 13600/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1680/ton, US$ 1780/ton and US$ 1850/ton, respectively.

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Fibre2fashion News Desk - India


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