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Asian PX market declines
08
Jun '11
Asian PX market price fell US $20.5 to US $1,482.5 / ton (CFR Taiwan) on June 7.

Market offers for July shipment declined from $1,515/ton CFR (excluding India/China/Middle East) to $1,498 / ton (CFR). Some counteroffers for July shipment were made at $1460 / ton (CFR), but no deal was reached.

At the same time, downstream benzene too fell $25 / ton and MX dropped $23 / ton.

Fibre2fashion News Desk

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