PX is expected to maintain a short range of oscillation. PX prices fell down in Asian markets to US $1055/ton. In Korean market price was around $1030-1035/ton.
Asian PTA spot price reduced in tandem with upstream market, goods imported from the Taiwanese port were offered at $975/ton. PTA from S Korean market discussed at $970/ton.
Ethylene market remained stable. In N E Asian market price was in the range of $1280-1275/ton while in S E Asian market price was in the range of $1235-1230/ton.
MEG market declined at steady pace. Prices declined to $880-885/ton, while counter offer went down below $870/ton. In Chinese domestic market price was in the range of RMB 7500-7600/ton while counter offer went down to around RMB 7350/ton.
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Fibre2fashion News Desk - India
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