Home / Knowledge / News / Textiles / Asian PX prices slide last fortnight
Asian PX prices slide last fortnight
Dec '13
The prices of paraxylene (PX) in Asian markets fell during the last fortnight ending November 30, 2013, due to weak upstream energy value coupled with ample product availability.
In Korea, average PX price for November was US$ 1395/ton, registering a drop of 9.79 percent over average price of US$ 1545/ton registered in November 2012.
In November 2013, the average PX price in Far East Asia during the first fortnight of the month ending November 15 was US$ 1400/ton, which fell to US$ 1390/ton in the second fortnight ending November 30.
In Southeast Asia, average PX price was US$ 1405/ton during the last fortnight ending November 30, down 1.06 percent compared to the average price of US$ 1420/ton in the previous fortnight ending November 15. However, prices again showed upward trend and were assessed at US$ 1435/ton on December 5, 2013.
During November 16-30 fortnight, PX prices fell marginally in Europe due to dull buying sentiments in the region, whereas they increased in the US due to firm energy market.
In Europe, the average PX price was US$ 1300/ton in the fortnight ending November 30, down 0.38 percent from average price of US$ 1305/ton in the fortnight ending November 15.
In the US, average PX price in the last fortnight was US$ 1320/ton, showing an increase of 1.15 percent over average price of US$ 1305/ton in the previous fortnight.
Meanwhile, Sinopec has settled its PX contractual price at RMB 10,400/ton for November delivery, which represents a rise of RMB 350/ton from October contractual price.
Both ExxonMobil and S-Oil have announced their December PX contract price for Asian markets at US$ 1470/ton.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Ashok Desai
Bombay Textile Research Association

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

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

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


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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