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Ethylene prices decline in US market

10 Oct '13
3 min read

Paraxylene (PX) prices swelled in Asian markets. In the Southeast Asian region, PX prices increased and were assessed in the range of US$ 1475/ton to US$ 1480/ton. In the Far East Asian market, PX prices were quoted at US$ 1455/ton. Prices of PX imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 1470/ton to US$ 1475/ton.
 
PTA prices declined in the Asian region. In the Southeast Asian market, PTA prices dipped and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Far East Asian market, PTA prices were assessed at US$ 1050/ton. Prices of PTA imported from the Taiwanese market surged and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, PTA prices increased and were assessed in the range of RMB 7575/ton to RMB 7625/ton.
 
Ethylene prices remained unchanged in Asian markets. In the Southeast Asian market, Ethylene prices remained stable and were quoted in the range of US$ 1465/ton to US$ 1470/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1300/ton. In the US market, Ethylene prices plunged and were quoted in the range of 43.00 cents/pound to 43.50 cents/pound. Ethylene prices maintained a steady trend in the European international and domestic market and were assessed at US$ 1350/ton and €1055/ton, respectively.
 
MEG prices decreased in Asian markets. In the Southeast Asian region, MEG prices dipped and were assessed at US$ 1060/ton. In the Chinese international market, MEG prices swelled and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, MEG prices remained unchanged and were quoted in the range of RMB 7750/ton to RMB 7800/ton.
 
In the Southeast Asian region, BG PET Chips prices remained stable in the range of US$ 1380/ton to US$ 1420/ton, and some deals were discussed at around US$ 1370/ton to US$ 1410/ton. In the Far East Asian market, selling offers remained unchanged at 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 declined and were assessed at RMB 9600/ton.
 
In the Korean market, FG PET Chips prices maintained a steady trend and were quoted in the range of US$ 1220/ton to US$ 1250/ton. In the Indian market, FOB based prices remain stable in the range of US$ 1270/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices declined and were assessed in the range of RMB 9200/ton to RMB 9250/ton.
 
PSF prices remained stable in Asian markets. In the Far East Asian market, PSF prices were quoted at US$ 1500/ton. In the Southeast Asian market, PSF selling prices were assessed at US$ 1400/ton. In the Chinese domestic market, PSF prices maintained a steady trend and were quoted in the range of RMB 9950/ton to RMB 10000/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained unchanged at RMB 10100/ton and RMB 12050/ton, while prices of FDY declined by RMB 10375 /ton, respectively. In the export market, prices of POY and DTY remained stable and were assessed at US$ 1400/ton and US$ 1675/ton, while prices of FDY dipped at US$ 1430/ton.
 
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Fibre2fashion News Desk - India

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