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PX & PTA prices finally correct

27
Jan '11
In S E Asian region, Paraxylene prices declined by US$ 10/ton and hovered in the range of US$ 1640/ton to US$ 1645/ton. PX price in Korean market was marked around US$ 1630/ton. In Chinese market, PX price hovered in the range of US$ 1640/ton to US$ 1645/ton.

Asian PTA market declined and price were in the range of US$ 1420/ton to US$ 1425/ton. Price of PTA in F E Asian region was quoted at US$ 1425/ton. In Chinese domestic market, PTA decreased by RMB 100/ton and was marked in the range of RMB 11000/ton to RMB 11100/ton.

Ethylene price was stable in the global markets. In S E Asian market, prices were assessed in the range of US$ 1130/ton to US$ 1135/ton. F E Asian price was in the range of US$ 1235/ton to US$ 1240/ton. In European markets, ethylene price was stable at US$ 1375/ton. In U.S.A market price was around 43.30 cents/pound.

MEG price was stable in the global markets. In S E Asian region, MEG prices hovered in the range of US$ 1200/ton to US$ 1205/ton.In the Chinese domestic market MEG price was in the range of RMB 9550/ton to RMB 9600/ton.

BGPET Chips opened with bullish sentiment in S E Asian region; it hovered in the range of US$ 1700/ton to US$ 1705/ton. Price in Chinese domestic market moved in the range of RMB 13000/ton to RMB 13150/ton. In Chinese markets offers from traders was in the range of US$ 1695/ton to US$ 1705/ton for the goods imported from Korean ports but no deals were concluded.

FGPET Chips prices in Chinese markets were observed in the range of US$ 1660/ton to US$ 1665/ton. Price in Indian market was assessed in the range of US$ 1675/ton to US$ 1690/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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