• Linkdin

MEG prices up; PTA down in Chinese domestic market

23 Sep '14
3 min read

Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were offered in the range of US$ 1225/ton to US$ 1230ton. In the F E Asian market, PX prices plunged and were quoted at US$ 1210/ton. Prices of PX imported from the Taiwanese market decreased and were offered in the range of US$ 1235/ton to US$ 1240/ton.
 
PTA prices dropped in the Asian region. In the S E Asian market, PTA prices declined and were quoted in the range of US$ 905/ton to US$ 910/ton. In the F E Asian market, PTA prices decreased and were offered at US$ 885/ton. Prices of PTA imported from the Taiwanese market plunged and were quoted in the range of US$ 910/ton to US$ 915/ton. In the Chinese domestic market, PTA prices declined and were offered in the range of RMB 6535/ton to RMB 6585/ton.
 
Ethylene prices kept inert in Asian markets. In the S E Asian market, Ethylene prices remained stable and were assessed in the range of US$ 1510/ton to US$ 1515/ton. In the F E Asian region, Ethylene prices kept unchanged and were quoted at US$ 1515/ton. In the US market, Ethylene prices kept steady and were quoted in the range of 75.50 cents/pound to 76.00 cents/pound. Ethylene prices remained stable in the European international as well as in domestic markets and were quoted at US$ 1120/ton and € 910/ton, respectively.
 
MEG prices moved down in the Asian region. In the S E Asian region, MEG prices plunged and were quoted at US$ 890/ton. In the Chinese international market, MEG prices kept stable and were offered in the range of US$ 920/ton to US$ 925/ton. In the Chinese domestic market, MEG prices inched up and were assessed in the range of RMB 6490/ton to RMB 6540/ton.
 
In the S E Asian region, prices of BG PET Chips kept stable in the range of US$ 1265/ton to US$ 1305/ton, and some deals were concluded in the range of US$ 1275/ton to US$ 1315/ton. In the F E Asian market, selling offers kept inert in the range of US$ 1285/ton to US$ 1325/ton, while talked prices were quoted in the range of US$ 1295/ton to US$ 1335/ton. In the Chinese market, BG PET Chips prices declined and were assessed in the range of RMB 8625/ton to RMB 8675/ton.
 
In the Korean market, FG PET Chips’ prices kept stable and were assessed in the range of US$ 1110/ton to US$ 1120/ton. In the Indian market, FOB based prices were in the range of US$ 1130/ton to US$ 1160/ton. In the Chinese market, FG PET Chips prices declined and were offered in the range of RMB 8325/ton to RMB 8375/ton.
 
PSF prices stayed steady in the Asian region. In the F E Asian market, PSF prices remained stable at US$ 1325/ton. In the S E Asian market, PSF selling prices remained steady at US$ 1225/ton. In the Chinese domestic market, PSF prices kept stable and were quoted in the range of RMB 9050/ton to RMB 9075/ton.
 
In the Chinese domestic market, prices of Polyester POY and FDY dropped to RMB 9300/ton and RMB 9750/ton, respectively, while DTY prices kept stable at RMB 11300/ton. In the export market, offers for POY and FDY fell to US$ 1275/ton and US$ 1325/ton, respectively, whereas DTY prices kept stable at US$ 1555/ton.
 
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