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Ethylene & PX prices continue southwards journey

03
Jun '10
Paraxylene prices moved southward on the back of bearish trend in global markets. PX Price reduced to US $905-900/ton in S.E Asian market and in European markets it declined to $ 875/ton.

PTA price maintained its current level around $855/ton. In the S E Asian market PTA trading price was in the range of $835-855/ton. In Chinese domestic market price was around RMB 7500/ton.

Price of ethylene continued to fall down and in N E Asian and S E Asian market price went down to between $960-955/ton. In Rotterdam market, ethylene price was in the range of $1,120-1,125/ton.

MEG prices too went down hovered around $750-755/ton. Counter offers declined to below $750/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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