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Feedstock prices pull down Asian PX trends this week
05
Jul '14
PX (Paraxylene) prices went down in Asian markets this week due to weak upstream energy value coupled with decline in feedstock prices.   
 
In the week ending July 4, Asian selling offers for PX plunged by 2.01%, when compared with the closing prices of week ending June 28.   
 
Selling offers for PX declined by US$ 30/ton in F E Asian market this week, when compared with the previous week and were in the average range of US$ 1395/ton to US$ 1400/ton.  
 
In S E Asian market, selling offers for PX also plunged by US$ 30/ton when compared with earlier week and were in the average range of US$ 1415/ton to US$ 1420/ton.    
 

Fibre2fashion News Desk - India


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