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Asian PX, PTA & MEG prices increase

27
Apr '12
Paraxylene (PX) prices went up in Asia. In S E Asian countries, PX prices surged up and were assessed in the range of US$ 1545/ton to US$ 1550/ton. In F E Asian market, PX prices were quoted in between US$ 1520/ton to US$ 1525/ton. However, PX imported from Taiwanese market declined and hovered in the range of US$ 1540/ton to US$ 1545/ton.

PTA prices went up in Asian region. In F E Asian and S E Asian countries, PTA prices were witnessed in the range of US$ 1155/ton to US$ 1160/ton. PTA imported from Taiwanese market went down and were assessed at US$ 1150/ton to US$ 1155/ton. In Chinese domestic market, PTA prices stayed stable and were marked at RMB 8650/ton to RMB 8700/ton.

Ethylene prices dropped down in S E Asian region and were offered at the same price as in F E Asia. In S E Asian and F E Asian countries, Ethylene prices were marked at US$ 1385/ton. In U.S.A market, Ethylene price was assessed in the range of 67.50 cents/pound to 68.50 cents/pound. In European domestic and international market, Ethylene prices plunged down and were assessed at € 1180/ton and US$ 1495/ton, respectively.

MEG prices showed upward trend in S E Asia and remained stable in F E Asia. In S E Asian countries, MEG prices surged up and were marked at US$ 975/ton to US$ 980/ton. In China market, MEG prices stayed steady and were assessed in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, MEG prices remained stable and were offered in between RMB 7400/ton to RMB 7425/ton.

In S E Asian countries, BG PET Chips prices stayed stable and were offered in the range of US$ 1520/ton to US$ 1530/ton. In F E Asian markets, counter offers were around US$ 1520/ton for export goods. In Chinese market, BG PET Chip prices were witnessed at RMB 10900/ton.

In Korean markets, FG PET Chips prices remained unchanged and hovered in the range of US$ 1360/ton to US$ 1370/ton. In Indian market, FOB based price was assessed in the range of US$ 1420/ton to US$ 1430/ton. In Chinese market, FG PET Chip prices price slipped down and were quoted in the range of RMB 10325/ton to RMB 10375/ton.

PSF prices remained stable in Asian countries. In F E Asian market, 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 stable in the range of RMB 11100/ton to RMB 11150/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were marked at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY were stable 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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