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PX prices up in Asia, PTA & MEG stay steady
24
Jan '14
Paraxylene (PX) increased in Asian markets. In the S E Asian region, PX surged and was quoted in the range of US$ 1330/ton to US$ 1335/ton. In the F E Asian market, PX prices went up and were quoted at US$ 1310/ton. PX imported from the Taiwanese market kept steady and were assessed in the range of US$ 1310/ton to US$ 1315/ton.    
PTA prices maintained steady trend in the Asian regions. In the S E Asian market, PTA prices remained stable and were assessed in the range of US$ 955/ton to US$ 960/ton. In the F E Asian market, PTA prices kept steady and were offered at US$ 955/ton. PTA imported from the Taiwanese market went down and were quoted in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, PTA prices declined and were offered in the range of RMB 6700/ton to RMB 6750/ton.      
 
Ethylene prices showed mixed trend in the Asian market. In the S E Asian market, Ethylene prices went down and offered in the range of US$ 1430/ton to US$ 1435/ton. In the F E Asian region, Ethylene prices remained steady and were offered at US$ 1475/ton. In the US market, Ethylene prices declined and were assessed in the range of 57.00 cents/pound to 57.50 cents/pound. Ethylene prices were kept inert in the European international and as well as in European domestic market and were offered at US$ 1290/ton and € 950/ton, respectively.     
 
MEG prices remained steady in the Asian markets. In the S E Asian region, MEG price were kept inert and were assessed at US$ 1010/ton. In the Chinese international market, MEG prices kept inert and were offered in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 7250/ton to RMB 7280/ton.            
     
In the S E Asian region, BG PET Chips prices kept inert in the range of US$ 1360/ton to US$ 1400/ton. Some deals were discussed at US$ 1350/ton to US$ 1370/ton. In the F E Asian market, selling offers were steady at US$ 1360/ton to US$ 1390/ton, while talked prices were quoted between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET Chips prices declined and were offered at RMB 9025/ton. 
 
In the Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices were stable and quoted in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices remained steady in the Asian markets. In the F E Asian market, PSF prices were assessed at US$ 1515/ton. In the S E Asian market, PSF selling prices were offered at US$ 1415/ton. In the Chinese domestic market, PSF prices remained steady and were offered in the range of RMB 9650/ton to RMB 9700/ton.
 
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Fibre2fashion News Desk - India


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