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Korean M-Xylene Dec 2012 prices up from a year ago
28
Dec '12
M-Xylene prices have been assessed in the range of US$ 1195-1290/ton (FOB Korea) in December 2012 in Korea against US$ 1160-1170/ton FOB Korea in December 2011.
 
Prices showed an upward trend in the first quarter of 2012 and went up by 1-2% due to robust support from the downstream market.
 
However, prices started declining after that and dropped by 1.5-11.5% in the second quarter due to sluggish downstream demand and poor market sentiments.
 
Prices have largely maintained an upward trend since then and showed 2-6% increase in the third quarter and 1-4% in the fourth quarter of the current year.  
 
Higher upstream product prices and improved downstream buying sentiments in the region supported the price rise.
 
Click here to receive latest issue of ChemTrend Report.
 
 

Fibre2fashion News Desk - India


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