Polyester POY, DTY and FDY prices fall in China

06 Jan '15

3 min read

Paraxylene (PX) prices decreased in Asian markets. PX prices went down in SE Asia, where they ranged between US$ 825 and 830 per ton. In the FE Asian market, PX prices decreased to US$ 810 per ton. Prices of PX imported from the Taiwanese market increased to a range of US$ 855 to 860 per ton.

PTA prices declined in Asia. SE Asian market witnessed a decrease in PTA prices, which ranged between US$ 625 and 630 per ton. In the FE Asian market, PTA prices plunged to US$ 610 per ton. Prices of PTA imported from the Taiwanese market were stable in a range of US$ 630 to 635 per ton. In the Chinese domestic market, PTA prices decreased to a range of RMB 4490 to 4540 per ton.

Ethylene prices showed mixed trend in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 985 and 990 per ton. In the FE Asian market, Ethylene prices were stable at US$ 900 per ton. In the US market, Ethylene prices were stable ranging between 42.50 and 43.00 cents per pound. Ethylene prices declined in the European international market to US$ 935 per ton, while prices were stable in the domestic market at € 775 per ton.

MEG prices declined in Asia. In SE Asia, MEG prices plunged to US$ 750 per ton. In the Chinese international market, MEG prices decreased and they ranged between US$ 745 and 750 per ton. In the Chinese domestic market, MEG prices decreased to a range of RMB 5500 to 5550 per ton.

In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 1010 and 1050 per ton, and some deals were concluded in the range of US$ 1020 to 1060 per ton. In the FE Asian market, selling offers were stable in the range of US$ 1030 to 1070 per ton, while talked prices hovered in the range of US$ 1040 to 1080 per ton. In the Chinese market, BG PET Chips prices declined and were assessed between RMB 6425 and 6475 per ton.

In the Korean market, prices of FG PET Chips remained unaffected in the range of US$ 915 to 945 per ton. In the Indian market, FOB based prices hovered in the range of US$ 925 to 955 per ton. In the Chinese market, FG PET Chips’ prices declined and they ranged between RMB 6225 and 6275 per ton.

PSF prices plunged in Asia. In the FE Asian market, PSF prices declined to US$ 1015 per ton. In the SE Asian market, PSF selling prices decreased to US$ 915 per ton. In the Chinese domestic market, PSF prices decreased and they ranged between RMB 7125 and 7150 per ton.

In the Chinese domestic market, prices of Polyester POY, DTY and FDY declined to RMB 7500 per ton, RMB 9600 per ton and RMB 7350 per ton, respectively. In the export market, offers for POY, DTY and FDY declined to US$ 985 per ton, US$ 1275 per ton and US$ 945 per ton, respectively.

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Fibre2fashion News Desk - India

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