PTA, MEG & PSF markets decline in Asian region

16 Aug '12
3 min read

Paraxylene (PX) prices went up in Asian markets. In S E Asian region, PX prices surged and were assessed in the range of US$ 1445/ton to US$ 1450/ton. In F E Asian market, PX prices increased to US$ 1445/ton. Prices of PX imported from Taiwanese market went up and were quoted in the range of US$ 1450/ton to US$ 1455/ton.
 
PTA prices went down in the Asian region. In S E Asian market, PTA prices declined and were quoted in the range of US$ 1015/ton to US$ 1020/ton. In F E Asian market, PTA prices were offered at US$ 1020/ton. Prices of PTA imported from Taiwanese market plunged down in the range of US$ 1020/ton to US$ 1025/ton. In the Chinese domestic market, PTA prices increased and hovered in the range of RMB 7925/ton to RMB 7975/ton.
 
Ethylene prices remained stable in Asian markets. In S E Asian market, Ethylene prices were steady in the range of US$ 1145/ton to US$ 1150/ton. In F E Asian region, Ethylene prices were offered at US$ 1150/ton. In the US market, Ethylene prices surged and were in the range of 50.50 cents/pound to 51.00 cents/pound. Ethylene prices were steady in European international and domestic markets at US$ 1255/ton and € 1130/ton, respectively. 
 
MEG prices declined in Asian markets. In S E Asian region, MEG prices declined and were assessed at US$ 1010/ton. In China market, MEG prices went down in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, MEG prices remained unchanged in the range of RMB 7700/ton to RMB 7750/ton. 
 
In S E Asian region, BG PET Chips continued to be steady 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 remained unchanged at RMB 9975/ton.
 
In Korean market, FG PET Chips prices were stable 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 kept steady and were assessed in the range of RMB 9925/ton to RMB 9975/ton.
 
PSF prices declined in Asian markets. In F E Asian market, PSF prices were offered at US$ 1530/ton. In S E Asian market, PSF selling offers were assessed at US$ 1430/ton. In the Chinese domestic market, PSF prices dipped and were assessed in the range of RMB 10750/ton to RMB 10800/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY were steady at RMB 11400/ton, RMB 12650/ton and RMB 11325/ton, respectively. In export market, offers for POY, DTY and FDY remained unchanged offered at US$ 1540/ton, US$ 1700/ton and US$ 1515/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD

Recommended

Advanced Search