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European PX prices slip on Friday but stay steady in US
13
Dec '14
Weak energy market coupled with poor demand in the region, pushed down European PX prices on Friday (Dec 12).

European PX prices went down by US$ 20/ton from Thursday and were offered in the range of US$ 755/ton to US$ 760/ton on Friday.

However, they remained steady in the US market, due to mute buying sentiments in the region and were offered in the range of US$ 930/ton to US$ 935/ton.

JX Nippon Oil & Energy announced its December PX contract prices for Asian markets at US$ 1080/ton which represents a decrease of US$ 55/ton from November level.

Fibre2fashion News Desk - India


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