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Asian PX prices show downtrend on Dec 9
10
Dec '14
The prices of paraxylene (PX) showed down trend in major Asian markets on Tuesday, December 9, 2014.
 
In Southeast Asia, PX prices declined by US$ 40/ton and were quoted at US$ 880/ton on Tuesday, which is a decrease of 4.35 per cent compared to prices prevailing a day earlier.
 
In Korea, PX prices declined by US$ 35/ton and were quoted at US$ 860/ton on December 9, a drop of 3.91 per cent compared to Monday’s price.
 
The fall in prices was due to bearish buying trend coupled with weak upstream energy prices in the region.
 

Fibre2fashion News Desk - India

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