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Asian PX price inches up, PSF trends plunge

13
Apr '12
Paraxylene (PX) prices soared up a bit in all Asian countries. In S E Asian market, PX prices went up and were marked in the range of US$ 1555/ton to US$ 1560/ton. In F E Asia, PX prices were assessed in between US$ 1535/ton to US$ 1540/ton. PX imported from Taiwanese market rose and was offered in the range of US$ 1555/ton to US$ 1560/ton.

In F E Asian and S E Asian region, PTA prices were offered in the range of US$ 1160/ton to US$ 1170/ton. PTA imported from Taiwanese market was quoted around US$ 1160/ton. In Chinese domestic market, PTA price remained steady at RMB 8575/ton to RMB 8625/ton.

In S E Asian market, Ethylene price remained unchanged at US$ 1405/ton. In F E Asian countries, Ethylene price was quoted at US$ 1385/ton. In U.S.A market, Ethylene was offered in the range of 67.75 cents/pound to 68.25 cents/pound. In European domestic market, Ethylene price was stable at € 1230/ton. In European market, Ethylene price was assessed in the range of US$ 1545/ton to US$ 1555/ton.

MEG prices remained steady in all Asian countries. In S E Asian markets, MEG prices were offered in the range of US$ 955/ton to US$ 960/ton. In China market, MEG price quote remained unchanged in the range of US$ 955/ton to US$ 960/ton. In Chinese domestic market, MEG selling offers hiked up significantly and was quoted at RMB 7225/ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1565/ton to US$ 1575/ton. In F E Asian markets, counter offers were around US$ 1550/ton for export goods. In Chinese market, BG PET Chip slid down and was offered at RMB 10900/ton.

In Korean markets, FG PET Chips price was steady in the range of US$ 1440/ton to US$ 1460/ton and in Indian market, FOB based price was assessed in the range of US$ 1465/ton to US$ 1475/ton. In Chinese market, FG PET Chip hovered at RMB 10200/ton to RMB 10250/ton.

PSF prices plunged in all the Asian markets. In F E Asian countries, PSF price dropped down and was quoted in the range of US$ 1575/ton to US$ 1580/ton. In S E Asian market, PSF offers went down and were marked in the range of US$ 1475/ton to US$ 1480/ton. In Chinese domestic market, PSF offers declined and were quoted in the range of RMB 9900/ton to RMB 11000/ton.

In Chinese domestic market, Polyester POY and FDY prices remained unchanged while DTY prices slipped down. In Chinese domestic market, POY, DTY and FDY selling offers were assessed at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY were at US$ 1525/ton, US$ 1710/ton and US$ 1525/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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