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FG PET Chips prices decline in Chinese market

20 Sep '13
3 min read

Paraxylene (PX) prices surged in the Asian region. In the Southeast Asian region, PX prices increased and were quoted in the range of US$ 1485/ton to US$ 1490/ton. In the Far East Asian market, PX prices were quoted at US$ 1460/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1475/ton to US$ 1480/ton.      
 
PTA prices stayed steady in Asian markets. In the Southeast Asian market, PTA prices remained unchanged and were offered in the range of US$ 1060/ton to US$ 1065/ton. In the Far East Asian market, PTA prices were quoted at US$ 1060/ton. Prices of PTA imported from the Taiwanese market surged and were assessed in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices remained unchanged and were quoted in the range of RMB 7625/ton to RMB 7675/ton.   
 
Ethylene prices maintained steady trend in Asian markets. In the Southeast Asian market, Ethylene prices were quoted in the range of US$ 1395/ton to US$ 1400/ton. In the Far East Asian region, Ethylene prices were offered at US$ 1235/ton. In the US market, Ethylene prices remained steady and were offered in the range of 53.00 cents/pound to 53.50 cents/pound. Ethylene prices remained steady in the European international and domestic markets, and were quoted at US$ 1440/ton and €1115/ton, respectively.     
 
MEG prices stayed steady in the Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1065/ton. In the Chinese international market, MEG prices declined and were offered in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, MEG prices remained unchanged and were quoted in the range of RMB 7775/ton to RMB 7825/ton.
 
In the Southeast Asian region, BG PET Chips prices were stable in the range of US$ 1420/ton to US$ 1460/ton, and some deals were discussed in the range of US$ 1410/ton to US$ 1450/ton. In the Far East Asian market, selling offers were steady in the range of US$ 1410/ton to US$ 1450/ton, while talked prices were assessed between US$ 1400/ton and US$ 1440/ton. In the Chinese market, BG PET Chips prices remained stable and were assessed at RMB 9925/ton.
 
In the Korean market, FG PET Chips prices stayed stable and were offered in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices remained unchanged in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices declined and were assessed in the range of RMB 9425/ton to RMB 9475/ton.
 
PSF prices stayed stable in Asian markets. In the Far East Asian market, PSF prices were assessed at US$ 1500/ton. In the S E Asian market, PSF selling prices were offered at US$ 1400/ton. In the Chinese domestic market, PSF prices stayed steady and were assessed in the range of RMB 10175/ton to RMB 10225/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10500/ton, RMB 12250/ton, and RMB 10650/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1465/ton, US$ 1705/ton, and US$ 1470/ton, respectively.
 
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Fibre2fashion News Desk - India

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