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Polyester raw material chain prices continue plunge

05
Jun '12
Paraxylene (PX) prices declined sharply in the Asian market. In S E Asian region, PX price went down and were quoted in the range of US$ 1230/ton to US$ 1235/ton.

In F E Asian region, PX prices dropped down and were offered at US$ 1210/ton. PX imported from Taiwanese market plunged down and were assessed in the range of US$ 1325/ton to US$ 1330/ton.

PTA prices went down in the Asian region. In S E Asian market, PTA prices fell and were offered in the range of US$ 935 to US$ 940/ton.

In F E Asian region, PTA was offered at US$ 935/ton. PTA imported from Taiwanese market, sank in the range of US$ 1000/ton to US$ 1005/ton. In Chinese domestic market, PTA prices fell in the range RMB 7325/ton to RMB 7375/ton.

Ethylene prices followed a mixed trend in Asia. In S E Asian market, Ethylene prices dropped down and were offered in the range of US$ 945/ton to US$ 950/ton. In F E Asian region, they stayed stable and were assessed at US$ 990/ton.

In U.S.A market, Ethylene prices declined and were quoted in the range of 41.50 cents/pound to 42.00 cents/pound. In European international and in domestic market, prices stayed stable and were offered at US$ 1105/ton and € 860/ton, respectively.

MEG prices plummeted in Asia. In S E Asian region, MEG prices fell to US$ 875/ton. In China market, MEG prices dropped down in the range of US$ 940/ton to US$ 945/ton. In Chinese domestic market, MEG prices descended in the range RMB 6725/ton to RMB 6775/ton.

In S E Asian region, BG PET Chips prices remained stable 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 declined and were offered at RMB 9800/ton.

In Korean markets, FG PET Chips prices stayed steady and were assessed in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based price was assessed in the range of US$ 1320/ton to US$ 1330/ton.

In Chinese market, FG PET Chip prices went down and were offered in the range of RMB 9475/ton to RMB 9525/ton.

PSF prices went down in the Asian market. In F E Asian region, PSF prices declined to US$ 1490/ton. In S E Asian market, PSF selling offers were quoted at US$ 1390/ton. In Chinese domestic market, PSF prices decreased in the range of RMB 10425/ton to RMB 10475/ton.

In Chinese domestic market, Polyester POY and FDY prices fell and were marked at RMB 10300/ton and RMB 10100/ton, respectively while DTY prices stayed stable at RMB 11500/ton.

In export market, offers for POY and FDY dipped and were quoted at US$ 1380/ton and US$ 1335/ton, respectively while DTY price stayed stable at US$ 1535/ton.

Click here to view and compare daily price trends.


Fibre2fashion News Desk - India


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