Home / Knowledge / News / Textiles / Asian PX trends still on slippery wicket this week
Asian PX trends still on slippery wicket this week
28
Aug '14
Asian Paraxylene (PX) prices decreased last week, mainly due to lower upstream and downstream product prices coupled with strong selling activity in the region. Prices continued slipping this week from last week.

In initial days of last week, Korean PX prices opened at US$ 1335/ton FOB Korea, lower by US$ 90/ton as compared to the same period of its previous week.

During last week, prices were spotted at US$ 1315-1335/ton FOB Korea as compared to US$ 1350-1425/ton in its previous week.

Prices were assessed at US$ 1280/ton yesterday (Aug 27) lower by US$ 15/ton as compared to US$ 1295/ton on August 25.

In S.E. Asia, PX prices showed similar trend as Korea last week.

In the initial days of last week, PX prices were at US$ 1360/ton, lower by US$ 85/ton as compared to the same period of its previous week.

During the week, prices hovered in the range of US$ 1340-1360/ton CFR S.E. Asia vis-à-vis US$ 1375-1445/ton in its previous week.

Prices were assessed at US$ 1305/ton yesterday lower by US$ 15/ton as compared to US$ 1320/ton on Monday (Aug 25).

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Textiles | On 17th Jul 2018

Trade wars could depress medium-term growth prospects: IMF

The recently announced and anticipated tariff increases by the US and ...

Courtesy: Mat Brown from Pexels

Textiles | On 17th Jul 2018

India increases import duties on textiles & apparel

The Government of India has increased basic customs duty on several...

Luis Quijano

Textiles | On 17th Jul 2018

US varsity student cultivates bacterial cellulose in lab

Luis Quijano, a student at the Liberty University in Lynchburg,...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Paolo Ocleppo
Sandvik Hyperion

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

Kerem Durdag
Biovation II LLC

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Tony Ward
Tony Ward

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search