POY, DTY & FDY prices inch down in Chinese export market

18 Sep '13

3 min read

Paraxylene (PX) prices decreased in Asian markets. In the Southeast Asian region, PX prices dropped and were offered in the range of US$ 1480/ton to US$ 1485/ton. In the Far East Asian market, PX prices were quoted at US$ 1460/ton. Prices of PX imported from the Taiwanese market decreased and were assessed in the range of US$ 1490/ton to US$ 1495/ton.

PTA prices declined in the Asian region. In the Southeast Asian market, PTA prices decreased and were assessed in the range of US$ 1055/ton to US$ 1060/ton. In the Far East Asian market, PTA prices were offered at US$ 1055/ton. Prices of PTA imported from the Taiwanese market stayed stable and were assessed in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, PTA prices stayed stable and were assessed in the range of RMB 7625/ton to RMB 7675/ton.

Ethylene prices remained stable in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1385/ton to US$ 1390/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1235/ton. In the US market, Ethylene prices increased and were assessed in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices stayed stable in the European international market at US$ 1440/ton, while they declined in the domestic market to €1115/ton.

MEG prices showed mixed trend in Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1075/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices dropped and were offered in the range of RMB 7800/ton to RMB 7825/ton.

In the Southeast Asian region, BG PET Chips prices were stable-to-soft in the range of US$ 1420/ton to US$ 1460/ton, and some deals were discussed in the range of US$ 1410/ton to US$ 1450/ton. In the Far East Asian market, selling offers fell and were quoted in the range of US$ 1410/ton to US$ 1450/ton, while talked prices were assessed between US$ 1400/ton and US$ 1440/ton. In the Chinese market, BG PET Chips prices dipped and were assessed at RMB 9925/ton.

In the Korean market, FG PET Chips prices stayed stable and were offered in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices remained unchanged in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices declined and were offered in the range of RMB 9450/ton to RMB 9500/ton.

PSF prices fell in the Asian region. In the Far East Asian market, PSF prices were quoted at US$ 1490/ton. In the Southeast Asian market, PSF selling prices were assessed at US$ 1390/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 10150/ton to RMB 10200/ton.

In the Chinese domestic market, prices of Polyester POY and FDY declined to RMB 10500/ton and RMB 10650/ton respectively, while prices of DTY remained stable at RMB 12250/ton. In the export market, offers for POY, DTY, and FDY inched down to US$ 1455/ton, US$ 1695/ton, and US$ 1460/ton, respectively.

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Fibre2fashion News Desk - India

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