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Asian PX trends weaken from bearish feedstock this week
23 Aug '14
1 min read
Paraxylene (PX) prices declined in Asian markets this week from last week, due to bearishness in feedstock prices.
In the week ending August 22, Asian selling offers for PX fell 3.95%, when compared with the closing prices of week ending August 15.
In F E Asian market, selling offers for PX went down by US$ 55/ton this week, when compared with the previous week and were quoted in the range of US$ 1320/ton to US$ 1325/ton.
Selling offers for PX also declined in S E Asian market by US$ 55/ton against last week and were in assessed in the range of US$ 1345/ton to US$ 1350/ton.
In the week ending August 22, Asian selling offers for PX fell 3.95%, when compared with the closing prices of week ending August 15.
In F E Asian market, selling offers for PX went down by US$ 55/ton this week, when compared with the previous week and were quoted in the range of US$ 1320/ton to US$ 1325/ton.
Selling offers for PX also declined in S E Asian market by US$ 55/ton against last week and were in assessed in the range of US$ 1345/ton to US$ 1350/ton.
Fibre2fashion News Desk - India
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