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PTA prices decline in Asian region

21 Oct '13
3 min read

Paraxylene (PX) prices declined in Asian markets. In the Southeast Asian region, PX prices decreased and were quoted in the range of US$ 1405/ton to US$ 1410/ton. In the Far East Asian market, PX prices were assessed at US$ 1395/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1435/ton to US$ 1440/ton.
 
PTA prices plunged in the Asian region. In the Southeast Asian market, PTA prices declined and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In the Far East Asian market, PTA prices were quoted at US$ 1000/ton. Prices of PTA imported from the Taiwanese market dipped and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, PTA prices decreased and were quoted in the range of RMB 7425/ton to RMB 7475/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1460/ton to US$ 1465/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1365/ton. In the US market, Ethylene prices remained stable and were assessed in the range of 46.50 cents/pound to 47.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were assessed at US$ 1295/ton and €1010/ton, respectively.
 
MEG prices decreased in Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1072/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 1070/ton to US$ 1075/ton. In the Chinese domestic market, MEG prices decreased and were quoted in the range of RMB 7825/ton to RMB 7875/ton.
 
In the Southeast Asian region, BG PET Chips prices declined in the range of US$ US$ 1360/ton to US$ 1400/to, and some deals were discussed at around US$ 1350/ton to US$ 1390/ton. In the Far East Asian market, selling offers plunged and were quoted in the range of US$ 1370/ton to US$ 1400/ton, while talked prices were between US$ US$ 1360/ton and US$ 1390/ton. In the Chinese market, BG PET Chips price dipped and were assessed at RMB 9500/ton.
 
In the Korean market, FG PET Chips prices decreased and were quoted in the range of US$ 1200/ton to US$ 1230/ton. In the Indian market, FOB based prices plunged and were assessed in the range of US$ 1250/ton to US$ 1300/ton. In the Chinese market, FG PET Chips prices decreased and were quoted in the range of RMB 9025/ton to RMB 9075/ton.
 
PSF prices remained stable in Asian markets. In the Far East Asian market, PSF prices were assessed at US$ 1505/ton. In the Southeast Asian market, PSF selling prices were quoted at US$ 1405/ton. In the Chinese domestic market, PSF prices declined and were assessed in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY remained unchanged at RMB 10050/ton and RMB 12025/ton, respectively, while prices of FDY declined and were quoted at RMB 10225/ton, respectively. In the export market, prices of POY and DTY remained stable at US$ 1400/ton and US$ 1675/ton, while prices of FDY declined at US$ 1410/ton.
 
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Fibre2fashion News Desk - India

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