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PX prices decline in Southeast Asian region
17
Oct '13
Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices plunged and were assessed in the range of US$ 1465/ton to US$ 1470/ton. In the Far East Asian market, PX prices were quoted at US$ 1445/ton. Prices of PX imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1475/ton to US$ 1480/ton.
 
PTA prices remained unchanged in the Asian region. In the Southeast Asian market, PTA prices remained stable and were quoted in the range of US$ 1035/ton to US$ 1040/ton. In the Far East Asian market, PTA prices were assessed at US$ 1035/ton. Prices of PTA imported from the Taiwanese market maintained a steady trend and were quoted in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7525/ton to RMB 7575/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices and remained unchanged in the range of US$ 1465/ton to US$ 1470/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1365/ton. In the US market, Ethylene prices declined and were offered in the range of 43.50 cents/pound to 44.00 cents/pound. Ethylene prices remained stable in the European international market, while it declined in the domestic market and were offered at US$ 1300/ton and €1025/ton, respectively.
 
MEG prices surged in Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1092/ton. In the Chinese international market, MEG prices swelled and were assessed in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, MEG prices increased and were quoted in the range of RMB 8000/ton to RMB 8050/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 in the range of 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 price dipped and were quoted at RMB 9550/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1220/ton to US$ 1250/ton. In the Indian market, FOB based prices maintained a steady trend in the range of US$ 1270/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices plunged and were quoted in the range of RMB 9975/ton to RMB 1125/ton.
 
PSF prices surged in Asian markets. In the Far East Asian market, PSF prices were assessed at US$ 1505/ton. In the Southeast Asian market, PSF selling prices were quoted at US$ 1405/ton. In the Chinese domestic market, PSF prices swelled and were assessed in the range of RMB 9925/ton to RMB 9975/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10100/ton, RMB 12025/ton, and RMB 10325/ton, respectively. In the export market, prices of POY, DTY, and FDY remained stable and were quoted at US$ 1405/ton, US$ 1675/ton, and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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