PSF prices decline in Asian region

29 Oct '12

3 min read

Paraxylene (PX) prices stayed stable in the Asian region. In S E Asian region, PX prices remained unchanged in the range of US$ 1555/ton to US$ 1560/ton. In F E Asian market, PX prices were assessed at US$ 1545/ton. Prices of PX imported from Taiwanese market surged and were quoted in the range of US$ 1565/ton to US$ 1570/ton.

PTA prices stayed unchanged in Asian markets. In S E Asian market, PTA prices stayed steady in the range of US$ 1095/ton to US$ 1100/ton. In F E Asian market, PTA prices were quoted at US$ 1100/ton. Prices of PTA imported from Taiwanese market remained stable in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices went down in the range of RMB 8225/ton to RMB 8275/ton.

Ethylene prices stayed steady in the Asian region. In S E Asian market, Ethylene prices kept unchanged in the range of US$ 1330/ton to US$ 1335/ton. In F E Asian region, Ethylene prices were assessed at US$ 1280/ton. In the US market, Ethylene prices surged in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices declined in European international and domestic markets, and were offered at US$ 1350/ton and € 1180/ton, respectively.

MEG prices kept steady in Asian markets. In S E Asian region, MEG prices were unchanged at US$ 1090/ton. In China market, MEG prices went down in the range of US$ 1080/ton to US$ 1085/ton. In the Chinese domestic market, MEG prices were stable in the range of RMB 8025/ton to RMB 8075/ton.

In S E Asian region, BG PET Chips prices maintained stable trend in the range of US$ 1420/ton to US$ 1450/ton and some deals were discussed in the price range of US$ 1410/ton to US$ 1430/ton. In F E Asian market, selling offers were quoted in the range US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices stayed steady at RMB 10300/ton.

In Korean market, FG PET Chips prices remained steady in the range of US$ 1290/ton to US$ 1330/ton. In Indian market, FOB based prices were offered in the range of US$ 1320/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices stayed stable and were offered in the range of RMB 10100/ton to RMB 10150/ton.

PSF prices declined in the Asian region. In F E Asian market, PSF prices were quoted at US$ 1535/ton. In S E Asian market, PSF selling offers were assessed at US$ 1435/ton. In the Chinese domestic market, PSF prices went down and were quoted in the range of RMB 10700/ton to RMB 10750/ton.

In the Chinese domestic market, Polyester POY and FDY prices went down and were marked at RMB 11100/ton and RMB 11050/ton, respectively, while DTY prices remained steady at RMB 12500/ton. In export market, offers for POY and FDY declined and were assessed at US$ 1505/ton and US$ 1485/ton, respectively, while DTY prices remained steady at US$ 1690/ton.

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Fibre2fashion News Desk - India

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