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Ethylene prices decline in US market
10
Oct '13
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.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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