BG & FG PET Chips' prices rise in Chinese domestic market

10 Feb '15
3 min read

Paraxylene (PX) prices remained unaffected in Asian markets. PX prices were stable in SE Asia, where they ranged between US$ 820 and 825 per ton. In the FE Asian market, PX prices were stable at US$ 810 per ton. Prices of PX imported from the Taiwanese market increased to a range of US$ 825 to 830 per ton.
 
PTA prices remained unchanged in Asia. SE Asian market witnessed stable trend in PTA prices, which ranged between US$ 610 and 615 per ton. In the FE Asian market, PTA prices were stable at US$ 590 per ton. Prices of PTA imported from the Taiwanese market increased to a range of US$ 585 to 590 per ton. In the Chinese domestic market, PTA prices decreased to a range of RMB 4485 to 4535 per ton.
 
Ethylene prices remained unaffected in Asian markets. In the SE Asian market, Ethylene prices were stable ranging between US$ 885 and 890 per ton. In the FE Asian market, Ethylene prices were stable at US$ 865 per ton. In the US market, Ethylene prices went up ranging between 37.00 and 37.50 cents per pound. Ethylene prices were stable in the European international as well as in domestic markets to US$ 775 per ton and € 715 per ton, respectively.
 
MEG prices declined in Asia. In SE Asia, MEG prices went down to US$ 795 per ton. In the Chinese international market, MEG prices increased and they ranged between US$ 790 and 795 per ton. In the Chinese domestic market, MEG prices decreased to a range of RMB 5950 to 6000 per ton.
 
In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 915 and 955 per ton, and some deals were concluded in the range of US$ 925 to 965 per ton. In the FE Asian market, selling offers were stable in the range of US$ 935 to 975 per ton, while talked prices hovered in the range of US$ 945 to 985 per ton. In the Chinese market, BG PET Chips’ prices increased and they ranged between RMB 6775 and 6825 per ton.
 
In the Korean market, prices of FG PET Chips remained unaffected in the range between US$ 825 and 855 per ton. In the Indian market, FOB based prices hovered in the range of US$ 835 to 865 per ton. In the Chinese market, FG PET Chips’ prices increased and they ranged between RMB 6375 and 6425 per ton.
 
PSF prices remained unaffected in Asia. In the FE Asian market, PSF prices were stable at US$ 1030 per ton. In the SE Asian market, PSF selling prices were stable at US$ 930 per ton. In the Chinese domestic market, PSF prices were stable ranging between RMB 7250 and 7275 per ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY were stable at RMB 7450 per ton, RMB 9100 per ton and RMB 7450 per ton, respectively. In the export market, offers for POY, DTY and FDY were stable at US$ 970 per ton, US$ 1195 per ton and US$ 955 per ton, respectively.
 
Clickhere to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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