Paraxylene Highlights from 01-15, May 2013
In the first half, Paraxylene market declined mainly due to weak demand. Selling offers for PX went down in Asian markets due to dull demand trends in the region coupled with poor feedstock prices. In the beginning of the second half of the last fortnight, Paraxylene prices opened with a firm sentiment at the higher prices and maintained the level despite of fluctuations in the energy market. During the second half, selling offers for PX surged in Asian markets due to improved downstream demand.
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