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PTA & PSF prices steady, MEG falls

31
May '12
Paraxylene (PX) prices went down marginally in Asia. In S E Asian market, PX prices declined and were offered in the range of US$ 1390/ton to US$ 1395/ton. In F E Asian region, PX prices dropped down and were assessed at US$ 1365/ton. PX imported from Taiwanese market plunged down and were offered in the range US$ 1400/ton to US$ 1405/ton.

PTA prices remained steady in the Asian market. In S E Asian region, PTA prices stayed stable and were quoted in the range of US$ 1055 to US$ 1060/ton. In F E Asian region, PX prices were offered at US$ 1055/ton.

PTA imported from Taiwanese market remained stable and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In Chinese domestic market, PTA prices went down and were offered in the range RMB 8075/ton to RMB 8125/ton.

Ethylene prices followed a mixed trend in Asia. In S E Asian region, Ethylene prices went down and were assessed in the range of US$ 995/ton to US$ 1000/ton. In F E Asian region, Ethylene prices remained steady and were quoted at US$ 1030/ton.

In U.S.A market, Ethylene prices went down and were assessed in the range of 52.00 cents/pound to 52.50 cents/pound. Ethylene prices stayed steady in European international and domestic market, and were quoted at US$ 1125/ton and € 880/ton, respectively.

MEG prices declined in the Asian region. In S E Asian region, MEG prices went down and were quoted at US$ 970/ton. In China market, MEG prices went up in the range of US$ 970/ton to US$ 975/ton. In Chinese domestic market, MEG prices dropped down and were assessed in the range RMB 7275/ton to RMB 7325/ton.

In S E Asian countries, BG PET Chips prices stayed steady in the range of US$ 1390/ton to US$ 1410/ton. In F E Asian market, selling offers were around US$ 1390/ton for export goods. In Chinese market, BG PET Chip prices went down and were quoted at RMB 10300/ton.

In Korean markets, FG PET Chips prices remained steady and were assessed 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 declined and were offered in the range of RMB 10025/ton to RMB 10075/ton.

PSF prices remained steady in Asia. In F E Asian market, PSF prices were steady at US$ 1535/ton. In S E Asian market, PSF selling offers were quoted at US$ 1435/ton. In Chinese domestic market, PSF prices stayed stale and were quoted in the range of RMB 10750/ton to RMB 10800/ton.

In Chinese domestic market, Polyester DTY and FDY prices went down and were marked at RMB 12000/ton and RMB 10700/ton, respectively while POY prices stayed stable at RMB 10800/ton. In export market, offers for DTY and FDY dropped down and were quoted at US$ 1605/ton and US$ 1420/ton, respectively while POY price stayed stable at US$ 1455/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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