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Asian PX trends continue to spurt this week
12 Aug '14
1 min read
Asian paraxylene (PX) prices continued their northwards movement on Monday.
PX prices went up mainly due to short covering activity in the region and supporting the price hike was an increase in downstream product prices.
In Korea, prices were assessed at US$ 1425/ton yesterday, higher by US$ 15/ton as compared to US$ 1410/ton at end of last week.
In S E Asia, prices were at US$ 1445/ton on Monday, up US$ 10/ton from US$ 1435/ton seen at the closing of last week.
PX prices went up mainly due to short covering activity in the region and supporting the price hike was an increase in downstream product prices.
In Korea, prices were assessed at US$ 1425/ton yesterday, higher by US$ 15/ton as compared to US$ 1410/ton at end of last week.
In S E Asia, prices were at US$ 1445/ton on Monday, up US$ 10/ton from US$ 1435/ton seen at the closing of last week.
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