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Asian PX prices surge this week from strong demand

24 Jan '15
1 min read

Asian PX surged in this week ending Jan 23 from hike in upstream product prices coupled with strong downstream demand in the region and increase in downstream product prices.

In Korea, prices were assessed at US$ 745/ton on Monday (Jan 19), which went up by 6.71 per cent during the week and were seen at US$ 795/ton on Jan 23.

In SE Asia too, prices were spotted at US$ 760/ton on Monday, which too rose steeply by 7.24 per cent during the week and were witnessed at US$ 815/ton on Jan 23.

Fibre2fashion News Desk - India

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