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MEG prices drop in Chinese domestic market

03 Sep '14
3 min read

PSF prices kept inert in the Asian region. In the F E Asian market, PSF prices were steady at US$ 1420/ton. In the S E Asian market, PSF selling prices remained unaltered at US$ 1320/ton. In the Chinese domestic market, PSF prices declined and were quoted in the range of RMB 9600/ton to RMB 9650/ton.

In the Chinese domestic market, prices of Polyester POY and DTY remained stable at RMB 9750/ton and RMB 11450/ton, respectively, while FDY prices increased and were quoted at RMB 10450/ton. In the export market, offers for POY and DTY declined to US$ 1340/ton and US$ 1570/ton, respectively, whereas FDY prices remained stable at US$ 1430/ton. (RKS)
 
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Fibre2fashion News Desk - India

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