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Daily round-up of global polyester value chain

14
Jun '10
With the help of a bullish upstream, Asian Paraxylene increased by US $10/ton to $925/ton, while it was traded mainly in the range of $915-920/ton.

PTA offers remained unchanged at $845/ton, but in S E Asian market counter offers for PTA decreased to $835/ton. PTA price in F E Asian market was in the range of $820-835/ton. In Chinese market price was in the range of RMB 6900-7100/ton.

Ethylene remained stagnant at $900/ton in S E Asian market while in F E Asian market assessed around $925/ton. In N W European market it was around $1120/ton.

MEG offered price increased in the range of $725-730/ton while the mainstream goods were traded around $715-720/ton.

FGPET Chip opened with weak sentiment at between $1120-1135/ton. However, sellers did try to push price high up to $1150/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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