Home / Knowledge / News / Textiles / PX-MX spread hits highest level
PX-MX spread hits highest level
Aug '11
Asian paraxylene (PX) prices fell slightly by US $5 / ton to close at $1,629 / ton (FOB Korea) and $1,649 / ton (CFR Taiwan / China) on August 22. As per market reports, buyers are cautious.

Current offer of PX for September shipment declined to US $1,665 from US $1,670 / ton CFR. Downstream bids were quoted at US $1,635 / ton CFR. Since the spread between buyers and sellers was wide, no deal could be reached.

Market offers for October shipment were at US $1,660 / ton CFR, but no corresponding deals were concluded.

In addition, prices of xylene (MX) fell US $20 / ton to close at US $1,329 / ton CFR Taiwan.

PX-MX spread has hit the highest level since three and a half months, mainly due to more than 16,000 tons of heterogeneous MX has come in to the market through public bidding, which inhibits the upwardly movement of heterogeneous MX.

Fibre2fashion News Desk

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search