Home / Knowledge / News / Textiles / Korean PX prices still down from peak in Jan
Korean PX prices still down from peak in Jan
18
Jun '14
Paraxylene (PX) prices showed stable-to-soft trend on a month on month (m-o-m) basis in first half of this year in Korea.
 
Prices declined mainly due to rigorous selling activity in the region, dull demand sentiments, lower upstream and downstream product prices as well as lower downstream demand in the region.
 
Average prices in January were assessed at US$ 1380/ton in the month of January, 2014, which thereafter started to decline by 6.5% m-o-m in February and 7% m-o-m in March to US$ 1290/ton and US$ 1200/ton respectively.
 
Average prices stayed stable in April at US$ 1200/ton but again showed a downward trend in the month of May to fall by 1.7% to US$ 1180/ton.
 
However, in the first fortnight of June, prices showed an upward trend mainly due to higher upstream energy prices, increase in feedstock prices, and increase in downstream product prices. Tight product availability in the region also contributed towards the price rise. 
 
Prices were hovering around US$ 1225-1230/ton in the beginning of this month, which went up during the fortnight and were assessed at US$ 1315/ton on June 17, 2014. 
 

Fibre2fashion News Desk - India

Must ReadView All

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...

Courtesy: ZDHC

Textiles | On 23rd Jan 2017

ZDHC adds six new contributors for sustainability

Zero Discharge of Hazardous Chemicals (ZDHC) programme has added six...

Textiles | On 23rd Jan 2017

Bombay Dyeing to expand distribution network in Tamil Nadu

Bombay Dyeing, a 137-year old textile manufacturer of the Wadia group ...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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