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PX & MEG prices fall in Southeast Asian region
21
Aug '14
Paraxylene (PX) prices went down in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1345/ton to US$ 1350/ton. In the F E Asian market, PX prices fell and were quoted at US$ 1325/ton. Prices of PX imported from the Taiwanese market decreased and were assessed in the range of US$ 1355/ton to US$ 1360/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices surged and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In the F E Asian market, PTA prices surged and were offered at US$ 1005/ton. Prices of PTA imported from the Taiwanese market remained stable and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA price increased and were assessed in the range of RMB 7350/ton to RMB 7400/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained stable and were offered in the range of US$ 1485/ton to US$ 1490/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1490/ton. In the US market, Ethylene prices increased and were quoted in the range of 65.50 cents/pound to 66.00 cents/pound. Ethylene prices remained stable in the European international as well as in domestic markets and were quoted at US$ 1280/ton and € 1005/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices inched down and were quoted at US$ 1000/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 kept inert in the range of RMB 7400/ton to RMB 7450/ton.
 
In the S E Asian region, prices of BG PET Chips kept inert 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 steady 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 remained stable 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 kept 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 declined to RMB 9800/ton, where as DTY and FDY prices remained stable at RMB 11400/ton and RMB 10400/ton. In the export market, offers for POY plunged to US$ 1345/ton, where as DTY and FDY prices increased to US$ 1570/ton and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk-India


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