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Daily round-up of global polyester value-chain

26
Apr '10
PX in Asian market continued to gallops high. PX in S E Asian market hovered around US$ 1065/ton to US$ 1060/ton. In Korean market price was around US$ 1055/ton.

PTA market opened weak; speculators expect price consolidation at the current level. In Chinese and in S E Asian markets offered price was around US$ 980/ton. PTA imported from Korea was in the range of US$ 980/ton to US$ 985/ton.

Asian ethylene markets rose, CFR N E Asia, the price to close at US$ 1270/ton to US$ 1275/ ton, and in S E Asia price was in the range of US$ 1225/ton to US$ 1230/ton..

MEG market remained balance and price was unchanged around US$ 910/ton to US$ 915/ton, while counter offer was around US$ 910/ton.

FG PET chip hovered in the range of US$ 1250/ton to US$ 1270/ton while traded around US$ 1255/ton to US$ 1265/ton but counter is received around US$ 1240/ton and below that level also.

Click here to view daily price trends.

Fibre2fashion News Desk - India


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