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PX, PTA & MEG prices jump in Asian markets

31
Aug '12
Paraxylene (PX) prices increased in Asian markets. In S E Asian region, PX prices went up in the range of US$ 1470/ton to US$ 1475/ton. In F E Asian market, PX prices were offered at US$ 1465/ton. Prices of PX imported from Taiwanese market declined and were assessed in the range of US$ 1475/ton to US$ 1480/ton.
 
PTA prices surged in the Asian region. In S E Asian market, PTA prices went up in the range of US$ 1055/ton to US$ 1060/ton. In F E Asian market, PTA prices were offered at US$ 1050/ton. Prices of PTA imported from Taiwanese market went up in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, PTA prices increased in the range of RMB 8175/ton to RMB 8225/ton. 
 
Ethylene prices remained stable in the Asian region. In S E Asian market, Ethylene prices kept steady in the range of US$ 1295/ton to US$ 1300/ton. In F E Asian region, Ethylene prices were assessed at US$ 1220/ton. 
 
In the US market, Ethylene prices increased in the range of 61.00 cents/pound to 61.50 cents/pound. Ethylene prices were steady in European international and domestic markets at US$ 1295/ton and € 1135/ton, respectively.
 
MEG prices went up in the Asian region. In S E Asian region, MEG prices increased and were offered at US$ 1070/ton. In China market, MEG prices surged in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices stayed stable in the range of RMB 8150/ton to RMB 8200/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 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 remained unchanged in the range of RMB 10050/ton to RMB 10100/ton.
 
PSF prices remained stable in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1525/ton. In S E Asian market, PSF selling offers were offered at US$ 1425/ton. In the Chinese domestic market, PSF prices kept steady in the range of RMB 10800/ton to RMB 10850/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were quoted at RMB 11250/ton, RMB 12650/ton and RMB 11150/ton, respectively. In export market, offers for POY, DTY and FDY kept unchanged at US$ 1520/ton, US$ 1700/ton and US$ 1490/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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