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Ethylene & PX prices show mixed trend in Asia

22 Aug '12
3 min read

Paraxylene (PX) prices showed mixed trend in the Asian region. In S E Asian region, PX prices were stable in the range of US$ 1440/ton to US$ 1445/ton. In F E Asian market, PX prices were offered at US$ 1435/ton. Prices of PX imported from Taiwanese market stayed steady and were assessed in the range of US$ 1455/ton to US$ 1460/ton.
 
PTA prices declined in Asian markets. In S E Asian market, PTA prices went down in the range of US$ 1015/ton to US$ 1020/ton. In F E Asian market, PTA prices were offered at US$ 1010/ton. Prices of PTA imported from Taiwanese market kept unchanged in the range of US$ 1015/ton to US$ 1020/ton. In the Chinese domestic market, PTA prices remained stable in the range of RMB 7875/ton to RMB 7925/ton.
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices surged in the range of US$ 1195/ton to US$ 1200/ton. In F E Asian region, Ethylene prices were offered at US$ 1200/ton. In the US market, Ethylene prices went up in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices remained unchanged in European international and domestic markets at US$ 1270/ton and € 1120/ton, respectively.
 
MEG prices remained stable in the Asian region. In S E Asian region, MEG prices continued to be steady and were offered at US$ 1010/ton. In China market, MEG prices remained unchanged in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, MEG prices surged in the range of RMB 7675/ton to RMB 7725/ton. 
 
In S E Asian region, BG PET Chips prices continued to be 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 went up to RMB 10150/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 went down and were assessed in the range of RMB 9775/ton to RMB 9825/ton.
 
PSF prices went down in Asian markets. In F E Asian market, PSF prices were offered at US$ 1510/ton. In S E Asian market, PSF selling offers were assessed at US$ 1410/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 10600/ton to RMB 10650/ton.
 
In the Chinese domestic market, Polyester DTY and FDY prices kept unchanged at RMB 12600/ton and RMB 11150/ton, respectively, while POY prices dipped to RMB 11250/ton. In export market, offers for DTY and FDY increased and were offered at US$ 1695/ton and US$ 1490/ton, respectively, while POY price fell to US$ 1520/ton.
 
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Fibre2fashion News Desk - India

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