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PTA & PX prices rebound

11
Jun '10
With the help of a bullish upstream market, Asian Paraxylene increased by US $10/ton to $915/ton, while in the European market PX was in the range of $895-900/ton.

PTA bounced back in tandem with upstream. In S E Asian market, price of PTA increased by $5/ton. PTA price in F E Asian market was around $845/ton while trading centered around $842/ton. In Chinese market, price was in the range of RMB 7100-7150/ton.

Ethylene remained stagnant despite of improvement in downstream demand. In Asian market MEG price assessed in the range of $900-905/ton.

MEG goods were offered at between $710-715/ton while the mainstream goods were traded around $705/ton.

FGPET Chip is expected to hover in the range of $1135-1150/ton in near future as per market experts.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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