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PTA prices surge in Asian region

18 Dec '12
3 min read

Paraxylene (PX) prices went down in Asian markets. In S E Asian region, PX prices declined in the range of US$ 1635/ton to US$ 1640/ton. In F E Asian market, PX prices were offered at US$ 1605/ton. Prices of PX imported from Taiwanese market increased and were offered in the range of US$ 1635/ton to US$ 1640/ton.  
 
PTA prices shot up in Asian markets. In S E Asian market, PTA prices went up in the range of US$ 1150/ton to US$ 1155/ton. In F E Asian market, PTA prices were offered at US$ 1160/ton. Prices of PTA imported from Taiwanese market increased and were offered in the range of US$ 1150/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices remained unchanged in the range of RMB 8500/ton to RMB 8500/ton.   
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices remained stable in the range of US$ 1235/ton to US$ 1240/ton. In F E Asian region, Ethylene prices were offered at US$ 1190/ton. In the US market, Ethylene prices continued to be stable in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices remained unchanged in European international and domestic markets at US$ 1240/ton and € 1055/ton, respectively.         
 
MEG prices increased in the Asian region. In S E Asian region, MEG prices increased and were assessed at US$ 1135/ton. In China market, MEG prices surged in the range of US$ 1105/ton to US$ 1110/ton. In the Chinese domestic market, MEG prices stayed stable in the range of RMB 8425/ton to RMB 8475/ton. 
 
In S E Asian region, BG PET Chips remained unchanged in the range of US$ 1440/ton to US$ 1490/ton and some deals were discussed in the range of US$ 1430/ton to US$ 1470/ton. In F E Asian market, selling offers were assessed in the range US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices increased to RMB 10550/ton.     
 
In Korean market, FG PET Chips prices continued to be stable in the range of US$ 1300/ton to US$ 1340/ton. In Indian market, FOB based prices were assessed in the range of US$ 1330/ton to US$ 1370/ton. In the Chinese market, FG PET Chips prices stayed stable and were offered in the range of RMB 10325/ton to RMB 10350/ton.       
 
PSF prices remained stable in the Asian region. In F E Asian region, PSF prices were offered at 1570/ton. In S E Asian market, PSF prices were assessed at US$ 1470/ton. In the Chinese domestic market, PSF prices increased and were offered in the range of RMB 10875/ton to RMB 10900/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices increased and were quoted at RMB 11200/ton, RMB 12550/ton and RMB 11550/ton, respectively. In export market, prices of POY, DTY and FDY surged and were offered at US$ 1535/ton, US$ 1715/ton and US$ 1575/ton, respectively. 
 
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Fibre2fashion News Desk - India

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