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Improved demand pulls up Asian PX trends last week
30 Oct '14
1 min read
Asian Paraxylene (PX) prices increased in the last week ending 25th Oct, when compared with its previous week ending 18th Oct.
Improved downstream demand in the region coupled with higher upstream and downstream product prices, helped push up PX trends.
In Korea, PX prices were assessed at US$ 1045-1060/ton FOB Korea last week as compared to US$ 1030-1065/ton in its previous week.
In S.E. Asia too, PX prices showed similar trend as Korea last week and hovered in the range of US$ 1060-1080/ton CFR S.E. Asia against US$ 1050-1085/ton in its previous week.
Improved downstream demand in the region coupled with higher upstream and downstream product prices, helped push up PX trends.
In Korea, PX prices were assessed at US$ 1045-1060/ton FOB Korea last week as compared to US$ 1030-1065/ton in its previous week.
In S.E. Asia too, PX prices showed similar trend as Korea last week and hovered in the range of US$ 1060-1080/ton CFR S.E. Asia against US$ 1050-1085/ton in its previous week.
Fibre2fashion News Desk - India
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