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PX falls in parts of Asia, remains steady in others on Mon
16 Dec '14
1 min read
Asian PX prices witnessed mixed reactions on Monday (Dec 15). PX prices fell in Korea due to fall in upstream energy prices in the region coupled with bearish downstream demand.
Lower upstream and downstream product prices supported the price decline. But they remained steady in S E Asia.
Prices in Korea were assessed at US$ 840/ton yesterday, lower by US$ 10/ton as compared to prices at the of last week.
However, PX prices were stable in SE Asia at US$ 865/ton.
Lower upstream and downstream product prices supported the price decline. But they remained steady in S E Asia.
Prices in Korea were assessed at US$ 840/ton yesterday, lower by US$ 10/ton as compared to prices at the of last week.
However, PX prices were stable in SE Asia at US$ 865/ton.
Fibre2fashion News Desk - India
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