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European & US PX trends fall from dull buying last week
30
Oct '14
Paraxylene (PX) prices went down in Europe and US in the last week ending 25th Oct when compared with its previous week ending 18th Oct, from dull buying sentiments in the regions.

In the initial days of last week, European PX prices were assessed at US$ 1020/ton, lower by US$ 40/ton as compared to the same period of its previous week.

Prices were assessed during the week at US$ 985-1020/ton FOB Rotterdam, as compared to US$ 1020-1060/ton in its previous week.

Initial contract prices for the month of October were settled at € 985/ton FD NWE, same as compared to that of September.

In US, prices showed similar trend as Europe in the last week. In the initial days of last week, prices were assessed at US$ 1010/ton, lower by US$ 60/ton as compared to the same period of previous week.

Prices were assessed at US$ 990-1010/ton FOB US during last week against US$ 1020-1070/ton in its previous week.

Fibre2fashion News Desk - India

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