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Higher upstream prices propel Asian PX this week
27 Dec '14
1 min read
Higher upstream energy prices and feedstock prices coupled with improved downstream demand in the region, propelled Asian PX average prices in the current week ending Dec 26.
The price increase was also supported by higher downstream product prices.
In Korea, average prices were spotted at US$ 825/ton in this week, higher by US$ 15/ton as compared to the average prices of US$ 810/ton in the last week ending Dec 20.
In SE Asia, average prices were assessed at US$ 845/ton in the current week, up US$ 15/ton as against average prices of US$ 830/ton in the last week.
The price increase was also supported by higher downstream product prices.
In Korea, average prices were spotted at US$ 825/ton in this week, higher by US$ 15/ton as compared to the average prices of US$ 810/ton in the last week ending Dec 20.
In SE Asia, average prices were assessed at US$ 845/ton in the current week, up US$ 15/ton as against average prices of US$ 830/ton in the last week.
Fibre2fashion News Desk - India
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