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Ethylene prices dip in US; stay stable in Asia & Europe
03
Oct '13
Paraxylene (PX) prices remained unchanged in Asian markets. In the Southeast Asian region, PX prices stayed steady and were assessed in the range of US$ 1460/ton to US$ 1465/ton. In the Far East Asian market, PX prices were quoted at US$ 1440/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1460/ton to US$ 1465/ton.      
 
PTA prices remained steady in the Asian region. In the Southeast Asian market, PTA prices stayed unchanged and were offered in the range of US$ 1050/ton to US$ 1055/ton. In the Far East Asian market, PTA prices were quoted at US$ 1050/ton. Prices of PTA imported from the Taiwanese market surged and were offered in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices stayed unchanged and were assessed in the range of RMB 7600/ton to RMB 7650/ton. 
 
Ethylene prices maintained steady trend in Asian markets. In the Southeast Asian market, Ethylene prices remained steady and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the Far East Asian region, Ethylene prices were offered at US$ 1300/ton. In the US market, Ethylene prices declined and were quoted in the range of 47.50 cents/pound to 48.00 cents/pound. Ethylene prices remained steady in the European international and domestic markets and were assessed at US$ 1380/ton and €1090/ton, respectively.
 
MEG prices were unchanged in the Asian region. In the Southeast Asian region, MEG prices were quoted at US$ 1060/ton. In the Chinese international market, MEG prices stayed steady and were assessed in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, MEG prices were stable in the range of RMB 7800/ton to RMB 7850/ton.
 
In the Southeast Asian region, BG PET Chips prices declined and were assessed in the range of US$ 1380/ton to US$ 1420/ton, and some deals were discussed in the range of US$ 1370/ton to US$ 1410/ton. In the Far East Asian market, selling offers declined and were offered in the range of US$ 1390/ton to US$ 1420/ton, while talked prices were between US$ 1380/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices were stable at RMB 9800/ton.
 
In the Korean market, FG PET Chips prices dropped and were quoted in the range of US$ 1220/ton to US$ 1250/ton. In the Indian market, FOB based prices dipped and were assessed in the range of US$ 1270/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices stayed unchanged and were offered in the range of RMB 9275/ton to RMB 9325/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10000/ton, RMB 12050/ton, and RMB 10425/ton, respectively. In the export market, offers for POY, DTY, and FDY were stable at US$ 1385/ton, US$ 1675/ton, and US$ 1435/ton, respectively
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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