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PX market improves. PTA flat

15
Jul '10
Asian Paraxylene market price improved marginally compared to yesterday as oil prices improved, the focus of market transactions too increased.

Price was assessed in the range of $835-840/ton in the S E Asian market. In Chinese domestic market, Paraxylene stood at RMB 6,400/ton.

Asian PTA market was flat. Taiwanese PTA stock was discussed in the range of $850-855/ton. S Korean PTA was offered at $835-840/ton.

In N E Asia, spot ethylene prices were quoted at $795-800/ton, mainly reflecting the level of market transactions and consultations.

MEG prices were steady in the range of $705-710/ton. In the Chinese domestic market, traded price was RMB 5,800/ton while offers were around RMB 5,900/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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