Home / Knowledge / News / Textiles / Asian PX price declines
Asian PX price declines
20
Sep '11
The price of Asian paraxylene (PX) declined by US$ 13/ton and closed at US$ 1,721.50/ton CFR Taiwan/China and US$ 1,701.50/ton FOB Korea on Monday.

Many floating bids and offers for PX from Japan were there, based on 50 percent of Asian contract price, plus 50 percent of Asia spot price, and premium.

The offer price of PX for October supply decreased from US$ 1,735/ton to US$ 1,725/ton, but no deals materialized.

There was a bid in the market for US$ 1,715/ton CFR, but the corresponding offer price rose to US$ 1,730/ton CFR, and it did not result in any deal.

As Chinese manufacturers reduced PX production, some end-users have begun to buy PX spot.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search