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Asian PX & PTA trends gain, ethylene falls

18
Jun '12
Paraxylene (PX) prices surged up in the Asian market.  In S E Asian region, PX price went up and were assessed in the range of US$ 1265/ton to US$ 1270/ton. In F E Asian region, PX prices were quoted at US$ 1250/ton. PX imported from Taiwanese market stayed stable and were offered in the range of US$ 1200/ton to US$ 1205/ton.

 

PTA prices went up in the Asian region. In S E Asian market, PTA prices surged up were quoted in the range of US$ 930 to US$ 935/ton. In F E Asian market, PTA was offered at US$ 925/ton. PTA imported from Taiwanese market stayed steady and was quoted in the range of US$ 890/ton to US$ 895/ton. In Chinese domestic market, PTA prices went up and were assessed in the range of RMB 7225/ton to RMB 7275/ton.

Ethylene prices declined in the Asian region. In S E Asian market, Ethylene prices dropped down and were offered in the range of US$ 905/ton to US$ 910/ton. In F E Asian region, Ethylene prices were quoted at US$ 830/ton.

In U.S.A market, Ethylene prices stayed steady and were offered in the range of 39.00 cents/pound to 39.50 cents/pound. Ethylene prices went up in European international and domestic markets and were assessed at US$ 1110/ton and € 875/ton, respectively.

MEG prices went up in Asia. In S E Asian region, MEG prices were quoted at US$ 850/ton. In China market, MEG prices were stable in the range of US$ 820/ton to US$ 825/ton. In Chinese domestic market, MEG prices were offered in the range RMB 6525/ton to RMB 6575ton.

In S E Asian region, BG PET Chips prices stayed stable in the range of US$ 1290/ton to US$ 1310/ton. In F E Asian market, selling offers were around US$ 1300/ton for export goods. In Chinese market, BG PET Chip prices went up and were offered at RMB 9100/ton.

In Korean market, FG PET Chips prices stayed stable and were quoted in the range of US$ 1180/ton to US$ 1220/ton. In Indian market, FOB based price were offered in the range of US$ 1220/ton to US$ 1260/ton. In Chinese market, FG PET Chip prices surged up and were assessed in the range of RMB 8875/ton to RMB 8925/ton.

PSF prices went up in the Asian region. In F E Asian market, PSF prices surged up to US$ 1400/ton. In S E Asian market, PSF selling offers were offered at US$ 1300/ton. In Chinese domestic market, PSF prices went up and were assessed in the range of RMB 9800ton to RMB 9850/ton.

In Chinese domestic market, Polyester POY and FDY prices went up and were marked at RMB 9650/ton, and RMB 9450/ton, respectively while DTY price stayed stable at RMB 11000/ton. In export market, offers for POY and FDY stayed stable and were offered at US$ 1290/ton and US$ 1245/ton, respectively while DTY price remained stable at US$ 1465/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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