Paraxylene Highlights from 14 Aug,2015 - 27 Aug,2015
Paraxylene prices decreased in Global market during last fortnight because Crude oil market plummeted coupled with weak demand in Polyester sector. Paraxylene market prices went down during last fortnight due to sluggish buying sentiments in Asia. The market followed downward trend from throughout the last fortnight and prices declined during 3rd week of August for FOB Korea. European market also faced similar scenario and Paraxylene prices decreased because of weak downstream sentiments in the regionís PTA and Polyester markets.