Interviews
PTA spot firms up. PX trends volatile
01 Jun '10
1 min read
Paraxylene remained volatile in the beginning of this week. Price increased to US $925-935 / ton in S E Asian market. Weakness in the PX was felt due to poor downstream demand.
June is the traditional Chinese off-season for PTA consumption, despite which PTA spot prices opened with firm sentiment in Asia and was trading in the range of $850-880 / ton (CFR China main port, including anti-dumping duty of 4.2%)
Price of ethylene fell down further, and speculators expect it to go down below $995 / ton. Today price was assessed around $1000 / ton in S E Asian market while in N E Asian market it was around $1,000-1,010 / ton.
MEG prices bounced back in tandem with allied polyester raw material. MEG price increased to $750-755 / ton.
Click here to view and compare daily price trends.
June is the traditional Chinese off-season for PTA consumption, despite which PTA spot prices opened with firm sentiment in Asia and was trading in the range of $850-880 / ton (CFR China main port, including anti-dumping duty of 4.2%)
Price of ethylene fell down further, and speculators expect it to go down below $995 / ton. Today price was assessed around $1000 / ton in S E Asian market while in N E Asian market it was around $1,000-1,010 / ton.
MEG prices bounced back in tandem with allied polyester raw material. MEG price increased to $750-755 / ton.
Click here to view and compare daily price trends.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
