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Asian PTA, PSF & polyester FDY prices dip

29
May '12
Paraxylene (PX) prices stayed stable in Asia. In S E Asian market, PX prices stayed steady and were assessed in the range of US$ 1415/ton to US$ 1420/ton. In F E Asian region, PX prices remained unchanged and were offered at US$ 1395/ton. PX imported from Taiwanese market plunged down and were assessed in the range US$ 1415/ton to US$ 1420/ton.

PTA prices went down in the Asian region. In S E Asian market, PTA prices plunged down and were quoted in the range of US$ 1055 to US$ 1060/ton. In F E Asian market, PX prices were assessed at US$ 1055/ton. PTA imported from Taiwanese market went up and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In Chinese domestic market, PTA prices declined marginally and were offered in the range RMB 8175/ton to RMB 8225/ton.

Ethylene prices followed a mixed trend in Asia. In S E Asian market, Ethylene prices plunged down and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In F E Asian region, Ethylene prices stayed steady and were quoted at US$ 1030/ton.

In U.S.A market, Ethylene prices remained unchanged and were assessed in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices stayed stable in European international and domestic market, and were offered at US$ 1125/ton and € 900/ton, respectively.

MEG prices stayed stable in the Asian market. In S E Asian region, MEG prices remained steady and were quoted at US$ 965/ton. In China market, MEG prices went up in the range of US$ 960/ton to US$ 965/ton. In Chinese domestic market, MEG prices remained stable and were offered in the range RMB 7300/ton to RMB 7350/ton.

In S E Asian countries, BG PET Chips prices remained stable in the range of US$ 1420/ton to US$ 1440/ton. In F E Asian market, selling offers were around US$ 1420/ton for export goods. In Chinese market, BG PET Chip prices stayed steady and were assessed at RMB 10450/ton.

In Korean markets, FG PET Chips prices stayed steady and were offered in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based price were quoted in the range of US$ 1320/ton to US$ 1330/ton. In Chinese market, FG PET Chip prices remained steady and were hovered in the range of RMB 10125/ton to RMB 10175/ton.

PSF prices went down in Asia. In F E Asian market, PSF prices were assessed at US$ 1545/ton. In S E Asian market, PSF selling offers were at US$ 1445/ton. In Chinese domestic market, PSF prices remained stable and were quoted in the range of RMB 10825/ton to RMB 10875/ton.

In Chinese domestic market, Polyester DTY and FDY prices plunged down and were marked at RMB 12100/ton and RMB 10800/ton, respectively while POY prices steady at RMB 10800/ton. In export market, offers for DTY and FDY dropped down and were assessed at US$ 1625/ton and US$ 1440/ton, respectively while POY prices were unchanged at US$ 1455/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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