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Better availability impacts Asian PX trends last week
01
Sep '14
Paraxylene (PX) prices went down in Asian market last week from improved product availability, lower upstream and downstream product prices and sluggish downstream demand in the region.

In the week ending August 30, Korean average PX prices fell 3.03%, when compared to average prices of week ending August 23.

Last week, Korean PX prices were in the range of US$ 1270-1295/ton, vis-à-vis US$ 1315-1335/ton in its previous week.

In S E Asian market, average PX prices declined 2.98% last week, when compared with the previous week and were quoted in the range of US$ 1295/ton to US$ 1320/ton.

In Taiwan, PX selling offers showed similar trend and were assessed in the range of US$ 1290/ton to US$ 1320/ton down from US$ 1330-1360/ton in its previous week.

Fibre2fashion News Desk - India

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