PTA prices surge in Chinese domestic market

Paraxylene (PX) prices remained stable in Asian markets. In the S E Asian region, PX prices stayed steady and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the F E Asian market, PX prices were offered at US$ 1415/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1435/ton to US$ 1440/ton. 

           

In the Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged and were quoted at RMB#

PTA prices stayed unchanged in the Asian region. In the S E Asian market, PTA prices were stable in the range of US$ 1060/ton to US$ 1065/ton. In the F E Asian market, PTA prices were offered at US$ 1060/ton. Prices of PTA imported from the Taiwanese market plunged and were quoted in the range of US$ 1055/ton to US$ 10605/ton. In the Chinese domestic market, PTA prices went up and were offered in the range of RMB 7650/ton to RMB 7700/ton.

   

Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices were stable in the range of US$ 1295/ton to US$ 1300/ton. In the F E Asian region, Ethylene prices were offered at US$ 1225/ton. In the US market, Ethylene prices increased and were quoted in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices remained unchanged in the European international and domestic markets, and were quoted at US$ 1295/ton and € 1010/ton, respectively.  

    

MEG prices increased in Asia. In the S E Asian region, MEG prices surged and were assessed at US$ 965/ton. In the Chinese international market, MEG prices went up and were assessed in the range of US$ 945/ton to US$ 950/ton. In the Chinese domestic market, MEG prices were stable and were assessed in the range of RMB 7125/ton to RMB 7175/ton.         

 

In the S E Asian region, BG PET Chips prices remained steady in the range of US$ 1400/ton to US$ 1440/ton and some deals were discussed at around US$ 1380/ton to US$ 1410/ton. In the F E Asian market, selling offers stayed unchanged at US$ 1390/ton to US$ 1440/ton, while selling offers were in the range of US$ 1380/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices inched up and were quoted at RMB 9575/ton.

 

In the Korean market, FG PET Chips prices remained stable in the range of US$ 1230/ton to US$ 1260/ton. In Indian market, FOB based prices were steady in the range of US$ 1280/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices were steady and were assessed in the range of RMB 9325/ton to RMB 9375/ton.

 

PSF prices decreased in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1455/ton. In the S E Asian market, PSF prices were offered at US$ 1355/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 9965/ton to RMB 10015/ton.

 

In the Chinese domestic market,prices of Polyester POY, DTY, and FDY remained unchanged at RMB 10350/ton, RMB 12000/ton, and RMB 10500/ton, respectively. In the export market, prices for POY, DTY, and FDY decreased at US$ 1425/ton, US$ 1650/ton, and US$ 1430/ton, respectively.

 

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