Ethylene, PX prices show mixed trend in Asian region

24 Sep '12

3 min read

Paraxylene (PX) prices showed mixed trend in Asian markets. In S E Asian region, PX prices went down in the range of US$ 1510/ton to US$ 1515/ton. In F E Asian market, PX prices were offered at US$ 1505/ton. Prices of PX imported from Taiwanese market declined and were offered in the range of US$ 1515/ton to US$ 1520/ton.

PTA prices stayed stable in the Asian region. In S E Asian market, PTA prices remained unchanged in the range of US$ 1075ton to US$ 1080/ton. In F E Asian market, PTA prices were offered at US$ 1075/ton. Prices of PTA imported from Taiwanese market declined in the range of US$ 1085/ton to US$ 1090/ton. In the Chinese domestic market, PTA prices dropped down in the range of RMB 8225/ton to RMB 8275/ton.

Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices went up in the range of US$ 1305/ton to US$ 1310/ton. In F E Asian region, Ethylene prices were offered at US$ 1280/ton. In the US market, Ethylene prices surged in the range of 58.00 cents/pound to 58.50 cents/pound. Ethylene prices were steady at US$ 1400/ton in European international market and went down to € 1185/ton in domestic market.

MEG prices plunged down in the Asian region. In S E Asian region, MEG prices declined and were offered at US$ 1090/ton. In China market, MEG prices went down in the range of US$ 1110/ton to US$ 1115/ton. In the Chinese domestic market, MEG prices dropped down in the range of RMB 8325/ton to RMB 8375/ton.

In S E Asian region, BG PET Chips prices 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 stayed steady at RMB 10650/ton.

In Korean market, FG PET Chips prices were 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 stayed stable in the range of RMB 10425/ton to RMB 10450/ton.

PSF prices continued to be 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 quoted at US$ 1420/ton. In the Chinese domestic market, PSF prices declined in the range of RMB 11125/ton to RMB 11175/ton.

In the Chinese domestic market, Polyester POY and DTY prices remained stable and were assessed at RMB 11450/ton and RMB 12700/ton, respectively, while FDY prices declined to RMB 11400/ton. In export market, offers for POY and DTY kept unchanged and were offered at US$ 1550/ton and US$ 1710/ton, respectively, while FDY prices plunged down to US$ 1525/ton.

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Fibre2fashion News Desk - India

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