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Polyester POY, DTY & FDY prices rise in China

20
Jul '12
Paraxylene (PX) prices went up in the Asian market. In S E Asian region, PX prices surged and were quoted in the range of US$ 1410/ton to US$ 1415/ton. In F E Asian market, PX prices were quoted at US$ 1395/ton. Prices of PX imported from Taiwanese market went down and were assessed in the range of US$ 1395/ton to US$ 1400/ton.
 
PTA prices moved up in the Asian region. In S E Asian market, PTA prices increased and were quoted in the range of US$ 1020/ton to US$ 1025/ton. In F E Asian market, PTA prices were assessed at US$ 1015/ton. Prices of PTA imported from Taiwanese market went down and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices remained stable and were offered in the range RMB 7575/ton to RMB 7625/ton.
 
Ethylene prices showed a mix trend in Asia. In S E Asian market, Ethylene prices plunged and were quoted in the range of US$ 1085/ton to US$ 1090/ton. In F E Asian region, Ethylene prices were quoted at US$ 1060/ton.
 
In the US market, Ethylene prices decreased and were assessed in the range of 48.50 cents/pound to 49.00 cents/pound. In European international market Ethylene prices continued to be stable, whereas in European domestic market prices rose to € 1025/ton.
 
MEG prices inched up in the Asian market. In S E Asian region, MEG prices increased to US$ 930/ton. In China market, MEG prices decreased and were quoted in the range of US$ 905/ton to US$ 910/ton. In the Chinese domestic market, MEG prices remained unchanged and were assessed in the range of RMB 7075/ton to RMB 7125/ton.
 
In S E Asian region, BG PET Chips prices were stable in the range of US$ 1320/ton to US$ 1350/ton. In F E Asian market, selling offers were around US$ 1300/ton for export goods. In the Chinese market, BG PET Chips prices fell to RMB 9550/ton.
 
In Korean market, FG PET Chips prices remained steady and were offered in the range of US$ 1190/ton to US$ 1230/ton. In Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chips prices moved up and were quoted in the range of RMB 9525/ton to RMB 9575/ton.
 
PSF prices went up in the Asian region. In F E Asian market, PSF prices were quoted at US$ 1460/ton. In S E Asian market, PSF selling offers were assessed at US$ 1360/ton. In the Chinese domestic market, PSF prices remained unchanged and were offered in the range of RMB 10200/ton to RMB 10250/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY increased and were assessed at RMB 10550/ton, RMB 11900/ton and RMB 10550/ton, respectively. In export market, offers for POY, DTY and FDY surged and were quoted at US$ 1420/ton, US$ 1595/ton, and US$ 1405/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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