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Ample availability pulls down Asian PX trends yesterday
29
Aug '14
Paraxylene (PX) prices went down in Asian markets yesterday as compared to its previous day, due to ample product availability in the region coupled with lower upstream and downstream product prices and poor downstream demand sentiments.

In Korean market, prices declined by US$ 10/ton on Thursday, when compared with Wednesday and were assessed at US$ 1270/ton.

In S E Asian market, prices showed similar trend and fell by US$ 10/ton yesterday from Wednesday and were spotted at US$ 1295/ton, yesterday.

In Taiwan, prices stood in the range of US$ 1315-1320/ton on Wednesday, which went down to US$ 1300-1305/ton on Thursday.

Fibre2fashion News Desk - India

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