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Polyester raw material value chain prices remain stable

20 Aug '14
3 min read

Paraxylene (PX) prices remained stable in Asian markets. In the S E Asian region, PX prices kept inert and were quoted in the range of US$ 1355/ton to US$ 1360/ton. In the F E Asian market, PX prices remained stable and were quoted at US$ 1335/ton. Prices of PX imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1375/ton to US$ 1380/ton.
 
PTA prices remained stable in the Asian region. In the S E Asian market, PTA prices kept unchanged and were assessed in the range of US$ 1020/ton to US$ 1025/ton. In the F E Asian market, PTA prices remained stable and were offered at US$ 1000/ton. Prices of PTA imported from the Taiwanese market stayed steady and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices remained stable and were offered in the range of RMB 7300/ton to RMB 7350/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices kept unaltered and were quoted in the range of US$ 1485/ton to US$ 1490/ton. In the F E Asian region, Ethylene prices kept steady and were assessed at US$ 1490/ton. In the US market, Ethylene prices kept inert and were offered in the range of 65.00 cents/pound to 65.50 cents/pound. Ethylene prices remained steady in the European international as well as in domestic markets and were offered at US$ 1280/ton and € 1005/ton, respectively.
 
MEG prices kept inert in Asian markets. In the S E Asian region, MEG prices remained stable and were offered at US$ 1005/ton. In the Chinese international market, MEG prices remained stable and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices remained inert in the range of RMB 7400/ton to RMB 7450/ton.
 
In the S E Asian region, prices of BG PET Chips remained stable in the range of US$ 1345/ton to US$ 1385/ton, and some deals were concluded in the range of US$ 1355/ton to US$ 1395/ton. In the F E Asian market, selling offers stayed stable in the range of US$ 1360/ton to US$ 1400/ton, while talked prices were offered in the range of US$ 1370/ton to US$ 1410/ton. In the Chinese market, BG PET Chips prices kept inert and were quoted in the range of RMB 9150/ton to RMB 9200/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1190/ton to US$ 1200/ton. In the Indian market, FOB based prices were in the range of US$ 1220/ton to US$ 1250/ton. In the Chinese market, FG PET Chips prices remained stable and were offered in the range of RMB 9150/ton to RMB 9200/ton.
 
PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices remained stable at US$ 1435/ton. In the S E Asian market, PSF selling prices kept inert at US$ 1335/ton. In the Chinese domestic market, PSF prices remained stable and were offered in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY kept stable at RMB 9850/ton, RMB 11400/ton and RMB 10400/ton, respectively. In the export market, offers for POY, DTY and FDY remained stable at US$ 1350/ton, US$ 1565/ton and US$ 1420/ton, respectively.
 
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Fibre2fashion News Desk - India

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