Home / Knowledge / News / Textiles / May Asian PX trends marginally up from April
May Asian PX trends marginally up from April
11
Jun '14
Asian Paraxylene (PX) prices in May grew marginally from those witnessed in April. In the month of May, PX prices touched US$ 1200/ton, up US$ 10/ton or 0.63% against US$ 1190/ton FOB Korea in the previous month. 
 
PX prices increased in tandem with robust buying sentiments in the global market, coupled with firm energy value during the month. 
 
Sinopec settled its PX contractual prices at RMB 8,900/ton for May delivery. JX Nippon Oil & Energy nominated its June PX contract prices for Asian markets at US$ 1290/ton which was up by US$ 90/ton from May contract prices.
 
ExxonMobil and Idemitsu nominated its June PX contract prices for Asian markets at US$ 1300/ton and US$ 1330/ton, respectively. 
 
Currently, PX prices are assessed at US$ 1260-1280/ton in Asian market, while the prices are in the range of US$ 1170-1180/ton in Europe and US markets. 
 

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Silke Brand-Kirsch
Schlegel und Partner

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search