• Linkdin

MEG prices decline in Asian markets

20 Feb '14
3 min read

Paraxylene (PX) prices remained unchanged in Asian markets. In the S E Asian region, PX prices remained stable and were quoted in the range of US$ 1305/ton to US$ 1310/ton. In the F E Asian market, PX prices remained unchanged and were assessed at US$ 1280/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1305/ton to US$ 1310/ton.
 
PTA prices decreased in Asian markets. In the S E Asian market, PTA prices declined and were assessed in the range of US$ 930/ton to US$ 935/ton. In the F E Asian market, PTA price plunged and were quoted at US$ 930/ton. Prices of PTA imported from the Taiwanese market declined and were assessed in the range of US$ 940/ton to US$ 945/ton. In the Chinese domestic market, PTA prices remained unchanged and were quoted in the range of RMB 6540/ton to RMB 6580/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices remained unchanged and were quoted in the range off US$ 1395/ton to US$ 1400/ton. In the F E Asian region, Ethylene prices remained stable and were assessed at US$ 1400/ton. In the US market, Ethylene prices increased and were quoted in the range of 50.50 cents/pound to 51.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were quoted at US$ 1215/ton and € 940/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices plunged and were quoted at US$ 950/ton. In the Chinese international market, MEG prices increased and were assessed in the range of US$ 955/ton to US$ 960/ton. In the Chinese domestic market, MEG price remained unchanged and were quoted in the range of RMB 6875/ton to RMB 6925/ton.
 
In the S E Asian region, BG PET Chips remained stable in the range of US$ 1300/ton to US$ 1340/ton, and some deals were discussed in the range of US$ 1310/ton to US$ 1350/ton. In the F E Asian market, selling offers were assessed at US$ US$ 1320/ton to US$ 1360/ton, while talked prices were between US$ 1310/ton to US$ 1350/ton. In the Chinese market, BG PET Chips prices remained unchanged and were quoted in the range of RMB 8550/ton to RMB 8600/ton.
 
In the Korean market, FG PET Chips prices remained unchanged and were quoted in the range of US$ 1130/ton to US$ 1160/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1190/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained stable and were quoted in the range of RMB 8500/ton to RMB 8550/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1510/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1410/ton. In the Chinese domestic market, PSF prices remained unchanged and were quoted in the range of RMB 9475/ton to RMB 9500/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices declined and were quoted at RMB 9550/ton, RMB 11400/ton and RMB 10200/ton, respectively. In the export market, prices of POY, DTY, and FDY remained stable and were quoted at US$ 1300/ton, US$ 1565/ton, and US$ 1365/ton, respectively.
 
Click here to view and compare daily price trends.
 
 

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search