• Linkdin

PX & MEG prices continue to rise, ethylene stable

19 Apr '12
3 min read

Paraxylene (PX) prices went up in the global market. In S E Asian countries, PX prices surged up and were assessed in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, they were quoted in between US$ 1535/ton to US$ 1540/ton. PX imported from Taiwanese market also inched up and hovered in the range of US$ 1560/ton to US$ 1565/ton.

PTA prices remained stable in the Asia. In F E Asian and S E Asian countries, PTA prices stood around US$ 1170/ton to US$ 1175/ton. PTA imported from Taiwanese market was at US$ 1170/ton. In Chinese domestic market, PTA prices declined slightly and were marked at RMB 8750/ton to RMB 8800/ton.

Ethylene prices remained stable in the Asian market. In S E Asian countries, Ethylene price was assessed at US$ 1420/ton. In F E Asian region, Ethylene price was quoted at US$ 1415/ton. In U.S.A market, Ethylene price slipped down and was quoted in the range of 64.50 cents/pound to 65.50 cents/pound. In European domestic market, Ethylene price was at € 1230/ton. In European market, Ethylene price was in the range of US$ 1545/ton to US$ 1555/ton.

MEG prices continued to follow the upward trend. In S E Asian markets, MEG prices hovered in the range of US$ 985/ton to US$ 990/ton. In China market, MEG prices jumped to US$ 980/ton to US$ 990/ton. In Chinese domestic market, MEG was offered in between RMB 7475/ton to RMB 7525/ton.

In S E Asian countries, BG PET Chips price was quoted stable in the range of US$ 1565/ton to US$ 1575/ton. In F E Asian markets, counter offers for export goods were around US$ 1550/ton. In Chinese market, BG PET Chip prices were at RMB 11000/ton.

In Korean markets, FG PET Chips price was steady in the range of US$ 1440/ton to US$ 1460/ton. 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 prices were stable at RMB 10375/ton to RMB 10425/ton.

PSF prices remained stable in Asian market. In F E Asian countries, PSF prices hovered in the range of US$ 1595/ton to US$ 1600/ton. In S E Asian market, PSF selling offers were in the range of US$ 1495/ton to US$ 1500/ton. In Chinese domestic market, PSF prices were unchanged and stood in the range of RMB 11050/ton to RMB 11150/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were marked at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY dropped down to US$ 1520/ton, US$ 1705/ton and US$ 1520/ton, respectively.

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