Ethylene & PSF prices show uptrend in Asian markets

02 Mar '15

3 min read

Paraxylene (PX) prices remained unaffected in Asian markets. PX prices were stable in SE Asia, where they ranged between US$ 895 and 900 per ton. In the FE Asian market, PX prices were stable at US$ 880 per ton. Prices of PX imported from the Taiwanese market increased to a range of US$ 895 to 900 per ton.

PTA prices remained unaffected in Asia. SE Asian market witnessed stable trend in PTA prices which ranged between US$ 635 and 640 per ton. In the FE Asian market, PTA prices were stable at US$ 615 per ton. Prices of PTA imported from the Taiwanese market went up to a range of US$ 610 to 615 per ton. In the Chinese domestic market, PTA prices increased to a range of RMB 4635 to 4685 per ton.

Ethylene prices increased in Asian markets. In the SE Asian market, Ethylene prices went up and they ranged between US$ 1000 and 1005 per ton. In the FE Asian market, Ethylene prices increased to US$ 970 per ton. In the US market, Ethylene prices increased and they ranged between 35.50 to 36.00 cents per pound. Ethylene prices were stable in the European international market at US$ 920 per ton, while they went up in the domestic market to € 820 per ton.

MEG prices remained unaffected in Asia. In SE Asia, MEG prices were stable at US$ 855 per ton. In the Chinese international market, MEG prices went up ranging between US$ 815 and 820 per ton. In the Chinese domestic market, MEG prices increased to a range of RMB 6535 to 6585 per ton.

In SE Asia, prices of BG PET Chips remained unaffected ranging between US$ 935 and 975 per ton, and. some deals were concluded in the range of US$ 945 to 985 per ton. In the FE Asian market, selling offers were stable in the range of US$ 955 to 995 per ton, while talked prices hovered in the range of US$ 965 to 1005 per ton. In the Chinese market, BG PET Chips’ prices were stable ranging between RMB 6925 and 6975 per ton.

In the Korean market, prices of FG PET Chips remained unaffected in the range between US$ 840 and 870 per ton. In the Indian market, FOB based prices hovered in the range of US$ 850 to 880 per ton. In the Chinese market, FG PET Chips’ prices increased ranging between RMB 6500 and 6550 per ton.

PSF prices increased in Asia. In the FE Asian market, PSF prices went up to US$ 1050 per ton. In the SE Asian market, PSF selling prices went up to US$ 950 per ton. In the Chinese domestic market, PSF prices went up ranging between RMB 7425 and 7450 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 and FDY declined to US$ 965 per ton and US$ 950 per ton, respectively, while DTY prices were stable at US$ 1190 per ton.

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Fibre2fashion News Desk - India

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