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PX market stable. Ethylene prices remain firm

22
Jun '10
Paraxylene market was stable in the range of US $925-930/ton. In the Korean market, price was around $915/ton. In the Rotterdam market price was around $908-913/ton while in the US, price was in the range of $905-910/ton.

PTA market was wrapped in uncertainty. Cargoes imported from Taiwan were offered around $860/ton while offers for the Korean cargoes were at $840/ton, but trading was in the range of $830-835/ton. In S E Asian market price was in the range of $830-840/ton.

Ethylene market remained firm despite weak sentiment and price was stable in the range of $875-880/ton in the S E Asian market.

MEG sellers firmly retained the price in the range of $725-735/ton, whereas, trading price was in the range of $715-720/ton. Offers hovered around $730-735/ton, but no deals were firmed up.

FG PET Chip prices improved and were assessed in the range of $1,130-1,135/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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