PX, PTA & PSF prices show uptrend in Far East Asia

20 Jan '15

3 min read

Paraxylene (PX) prices increased in Asian markets. PX prices went up in SE Asia, where they ranged between US$ 755 and 760 per ton. In the FE Asian market, PX prices went up to US$ 745 per ton. Prices of PX imported from the Taiwanese market were stable in a range of US$ 740 to 745 per ton.

PTA prices increased in Asia. SE Asian market witnessed an increase in PTA prices ranging between US$ 585 and 590 per ton. In the FE Asian market, PTA prices went up to US$ 570 per ton. Prices of PTA imported from the Taiwanese market were stable in a range of US$ 560 to 565 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 4370 to 4420 per ton.

Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 935 and 940 per ton. In the FE Asian market, Ethylene prices were stable at US$ 880 per ton. In the US market, Ethylene prices were stable ranging between 36.50 and 37.00 cents per pound. Ethylene prices decreased in the European international market to US$ 785 per ton, while in the domestic market prices were stable at € 710 per ton.

MEG prices increased in Asia. In SE Asia, MEG prices went up to US$ 725 per ton. In the Chinese international market, MEG prices increased and they ranged between US$ 700 and 705 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 5605 to 5655 per ton.

In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 885 and 925 per ton, and some deals were concluded in the range of US$ 895 to 935 per ton. In the FE Asian market, selling offers were stable in the range of US$ 905 to 945 per ton, while talked prices hovered in the range of US$ 915 to 955 per ton. In the Chinese market, BG PET Chips’ prices increased and they ranged between RMB 6225 to 6275 per ton.

In the Korean market, prices of FG PET Chips remained unaffected in the range between US$ 800 and 830 per ton. In the Indian market, FOB based prices hovered in the range of US$ 810 to 840 per ton. In the Chinese market, FG PET Chips’ prices decreased and they ranged between RMB 6025 and 6075 per ton.

PSF prices increased in Asia. In the FE Asian market, PSF prices went up to US$ 980 per ton. In the SE Asian market, PSF selling prices surged to US$ 880 per ton. In the Chinese domestic market, PSF prices increased and they ranged between RMB 6900 to 6925 per ton.

In the Chinese domestic market, prices of Polyester POY and FDY increased to RMB 7250 per ton and RMB 7100 per ton, respectively, while DTY prices were stable at RMB 8900 per ton. In the export market, offers for POY and FDY declined to US$ 945 per ton and US$ 910 per ton, respectively, while DTY prices were stable at US$ 1170 per ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

More Textiles News - Global...