PTA prices surge in Southeast Asian market

02 Aug '13

3 min read

Paraxylene (PX) prices went up in Asian markets. In the Southeast Asian region, PX prices surged and were offered in the range of US$ 1490/ton to US$ 1495/ton. In the Fareast Asian market, PX prices were quoted at US$ 1470/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1470/ton to US$ 1475/ton.

PTA prices increased in the Asian region. In the Southeast Asian market, PTA prices went up and were assessed in the range of US$ 1105/ton to US$ 1110/ton. In the Fareast Asian market, PTA prices were assessed at US$ 1110/ton. Prices of PTA imported from Taiwanese market increased and were quoted in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices surged and were offered in the range of RMB 7800/ton to RMB 7850/ton.

Ethylene prices remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1215/ton to US$ 1220/ton. In the Fareast Asian region, Ethylene prices were offered at US$ 1190/ton. In the US market, Ethylene prices remained steady and were quoted in the range of 53.50 cents/pound to 54.0 cents/pound. Ethylene prices were steady in the European international and domestic markets, and were quoted at US$ 1335/ton and €1045/ton, respectively.

MEG prices surged in Asia. In the Southeast Asian region, MEG prices went up and were assessed at US$ 1110/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1075/ton to US$ 1080/ton. In the Chinese domestic market, MEG prices increased and were offered in the range of RMB 8100/ton to RMB 8150/ton.

In the Southeast Asian region, BG PET Chips prices remained stable and were assessed in the range of US$ 1390/ton to US$ 1430/ton and some deals were discussed at around US$ 1380/ton to US$ 1400/ton. In the Fareast Asian market, selling offers declined at US$ 1390/ton to US$ 1430/ton, while talked prices were offered between US$ 1370/ton and US$ 1390/ton. In the Chinese market, BG PET Chips prices surged and were assessed at RMB 10050/ton.

In the Korean market, FG PET Chips prices remained unchanged in the range of US$ 1220/ton to US$ 1250/ton. In Indian market, FOB based prices declined and were offered in the range of US$ 1270/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices surged and were offered in the range of RMB 9400/ton to RMB 9450/ton.

PSF prices stayed stable in Asian markets. In the Fareast Asian market, PSF prices were quoted at US$ 1475/ton. In the Southeast Asian market, PSF prices were quoted at US$ 1375/ton. In the Chinese domestic market, PSF prices increased and were offered in the range of RMB 10300/ton to RMB 10350/ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY prices remained unchanged at RMB 10400/ton, RMB 12000/ton, and RMB 10525/ton, respectively. In the export market, prices of POY, DTY, and FDY were stable at US$ 1445/ton, US$ 1665/ton, and US$ 1450/ton, respectively.

Click here to view and compare daily price trends

Fibre2fashion News Desk - India

More Textiles News - Global...