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MEG prices decrease in Asian markets
15
Nov '13
Paraxylene (PX) prices followed a mixed trend in Asian markets. In the Southeast Asian region, PX prices remained unchanged and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the Far East Asian market, PX prices declined and were assessed at US$ 1395/ton. Prices of PX imported from the Taiwanese market plunge and were quoted in the range of US$ 1415/ton to US$ 1420/ton.
 
PTA prices maintained a steady trend in the Asian region. In the Southeast Asian market, PTA prices remained unchanged and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Far East Asian market, PTA prices were assessed at US$ 995/ton. Prices of PTA imported from the Taiwanese market remained stable and were quoted in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7300/ton to RMB 7350/ton.
 
Ethylene prices remained stable in Asian markets. In the Southeast Asian market, Ethylene prices maintained a steady trend and were assessed in the range of US$ 1410/ton to US$ 1415/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1305/ton. In the US market, Ethylene prices surged and were assessed in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were quoted at US$ 1235/ton and € 975/ton, respectively.
 
MEG prices declined in Asian markets. In the Southeast Asian region, MEG prices plunged and were assessed at US$ 1040/ton. In the Chinese international market, MEG prices maintained a steady trend and were quoted in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7475/ton to RMB 7525/ton.
 
In the Southeast Asian region, BG PET chip prices remained stable in the range of US$ US$ 1340/ton to US$ 1380/ton, and some deals were discussed in the range of US$ 1330/ton to US$ 1370/ton. In the Far East Asian market, selling offers remained unchanged at US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET chip prices remained stable and were assessed at RMB 9600/ton.
 
In the Korean market, FG PET chip prices remained unchanged and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices remained stable in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET chip prices surged and were quoted in the range of RMB 9225/ton to RMB 9275/ton.
 
 


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