Home / Knowledge / News / Textiles / PX trends head north in Europe & southwards in Asia
PX trends head north in Europe & southwards in Asia
08
Jul '14
Paraxylene prices headed north in Europe yesterday, while they moved in the opposite direction in Asia today. 
 
European price rise was on account of tight product supply in the market coupled with rising prices in the US market on July 7, while in Asia, PX fell today, due to weak buying sentiments backed by weaker downstream market.
 
FOB Rotterdam prices of PX prices rose by 0.39 percent on July 7 compared to Friday closing and were in the range of USD 1285/ton to USD 1290/ton. 
 
In US, PX prices went up by USD 10/ton yesterday and were in the range of USD 1290/ton to USD 1295/ton. 
 
Today, PX prices in the Asian market presented a different scenario.  In Asia, PX prices declined by USD 10/ton in S E Asian market and were quoted in the range of USD 1355 /ton to USD 1360/ton. 
 
While in the F E Asian market, prices were in the range of US$ 1335/ton to US$ 1340/ton. 
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Robert Brunner
Devereux

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

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