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Sluggish sentiments on Oct 15 pull down Asian PX prices

16 Oct '14
1 min read

Paraxylene (PX) prices went down in Asia yesterday (Oct 15) due to sluggish buying sentiments in the region coupled with lower upstream energy prices.

Fall in upstream and downstream product prices also supported the price decline.

In Korea, PX prices were spotted at US$ 1045/ton on Oct 15, down US$ 20/ton as compared to US$ 1065/ton on Tuesday.

In S E Asia, prices showed similar trend and also declined by US$ 20/ton to US$ 1065/ton on Wednesday versus US$ 1085/ton on Tuesday.

Fibre2fashion News Desk - India

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