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Ethylene & PX follow mixed trends in Asia
24
Mar '14
Paraxylene (PX) followed mixed trend in Asian markets. In the S E Asian region, PX prices kept inert and were quoted in the range of US$ 1165/ton to US$ 1170/ton. In the F E Asian market, PX prices increased and were quoted at US$ 1150/ton. PX imported from the Taiwanese market remained steady and were assessed in the range of US$ 1165/ton to US$ 1170/ton.  
 
PTA prices remained steady in the Asian market. In the S E Asian market, PTA prices kept steady and were quoted in the range of US$ 880/ton to US$ 885/ton. In the F E Asian market, PTA price remained steady and were assessed at US$ 880/ton. PTA imported from the Taiwanese market remained steady and were assessed in the range of US$ 875/ton to US$ 880/ton. In the Chinese domestic market, PTA price increased and was offered in the range of RMB 6200/ton to RMB 6250/ton.
 
Ethylene prices showed mixed trend in Asian market. In the S E Asian market, Ethylene prices kept inert and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the F E Asian region, Ethylene price declined and were quoted at US$ 1395/ton. 
 
In the US market, Ethylene prices kept inert and were quoted in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices went down in the European international and in European domestic market and were assessed at US$ 1220/ton and € 910/ton, respectively.  
 
MEG prices decreased in the Asian markets. In the S E Asian region, MEG price went down and were quoted at US$ 935/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 930/ton to US$ 935/ton. In the Chinese domestic market, MEG increased and was assessed in the range of RMB 6600/ton to RMB 6650/ton.    
 
In the S E Asian region, BG PET Chips remained in the range of US$ 1310/ton to US$ 1350/ton. Some deals were assessed at US$ 1320/ton to US$ 1360/ton. In the F E Asian market, selling offers remained unchanged at US$ 1330/ton to US$ 1370/ton, while talked prices were offered between US$ 1340/ton to US$ 1380/ton. In the Chinese market, BG PET Chips prices kept inert and were quoted in the range of RMB 8500/ton to RMB 8550/ton.
 
In the Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1140/ton to US$ 1180/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1200/ton to US$ 1240/ton. In the Chinese market, FG PET Chips prices remained steady and were offered in the range of RMB 7900/ton to RMB 7950/ton.
 
PSF prices declined in the Asian markets. In the F E Asian market, PSF prices were assessed at US$ 1475/ton. In the S E Asian market, PSF selling prices were offered at US$ 1375/ton. In the Chinese domestic market, PSF prices declined and were assessed in the range of RMB 8600/ton to RMB 8675/ton. 
 
In Chinese domestic market, Polyester POY, DTY and FDY prices kept steady and were offered at RMB 8750/ton, RMB 10900/ton and RMB 9400/ton, respectively. In the export market, offers for POY, DTY, and FDY prices declined at US$ 1175/ton, US$ 1455/ton, and US$ 1255/ton, respectively.
 
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Fibre2fashion News Desk - India


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