PX, MEG & PTA markets up in Asian region

24 Aug '12

3 min read

Paraxylene (PX) prices increased in the Asian region. In S E Asian region, PX prices went up in the range of US$ 1460/ton to US$ 1465/ton. In F E Asian market, PX prices were offered at US$ 1450/ton. Prices of PX imported from Taiwanese market remained stable and were assessed in the range of US$ 1445/ton to US$ 1450/ton.

PTA prices increased in Asian markets. In S E Asian market, PTA prices went up in the range of US$ 1025/ton to US$ 1030/ton. In F E Asian market, PTA prices were offered at US$ 1025/ton. Prices of PTA imported from Taiwanese market kept stable in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, PTA prices increased in the range of RMB 8000/ton to RMB 8050/ton.

Ethylene prices remained stable in Asian markets. In S E Asian market, Ethylene prices were in the range of US$ 1200/ton to US$ 1205/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 57.00 cents/pound to 57.50 cents/pound. Ethylene prices inched up in European international and domestic markets, and were quoted at US$ 1295/ton and € 1135/ton, respectively.

MEG prices increased in the Asian region. In S E Asian region, MEG prices moved up and were offered at US$ 1030/ton. In China market, MEG prices remained stable in the range of US$ 1015/ton to US$ 1020/ton. In the Chinese domestic market, MEG prices surged in the range of RMB 8125/ton to RMB 8175/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 remained steady at RMB 10150/ton.

In Korean market, FG PET Chips prices remained unchanged 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 stable and were assessed in the range of RMB 9775/ton to RMB 9825/ton.

PSF prices remained stable in Asian markets. In F E Asian market, PSF prices were offered at US$ 1520/ton. In S E Asian market, PSF selling offers were assessed at US$ 1420/ton. In the Chinese domestic market, PSF prices went down in the range of RMB 10550/ton to RMB 10600/ton.

In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were quoted at RMB 11200/ton, RMB 12550/ton and RMB 11100/ton, respectively. In export market, offers for POY, DTY and FDY kept steady and were offered at US$ 1510/ton, US$ 1690/ton and US$ 1485/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

More Textiles News - Global...