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Asian PX prices surge on Aug 25

26 Aug '11
1 min read

Asian paraxylene (PX) market price rose $ 21 / ton on August 25 to close at US $1,656 / ton (FOB Korea) and $1,676 / ton (CFR Taiwan / China), the highest increase in a single day in the last four and half months.

PX bids for September and October shipment rose from US $1,650 / ton to US $1,665 / ton (CFR).

It was reported that one PX bid for shipment in the second half of September was made at US $1,655 / ton (FOB Korea).

Fibre2fashion News Desk

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