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European PX prices slip on Friday but stay steady in US
13 Dec '14
1 min read
Weak energy market coupled with poor demand in the region, pushed down European PX prices on Friday (Dec 12).
European PX prices went down by US$ 20/ton from Thursday and were offered in the range of US$ 755/ton to US$ 760/ton on Friday.
However, they remained steady in the US market, due to mute buying sentiments in the region and were offered in the range of US$ 930/ton to US$ 935/ton.
JX Nippon Oil & Energy announced its December PX contract prices for Asian markets at US$ 1080/ton which represents a decrease of US$ 55/ton from November level.
European PX prices went down by US$ 20/ton from Thursday and were offered in the range of US$ 755/ton to US$ 760/ton on Friday.
However, they remained steady in the US market, due to mute buying sentiments in the region and were offered in the range of US$ 930/ton to US$ 935/ton.
JX Nippon Oil & Energy announced its December PX contract prices for Asian markets at US$ 1080/ton which represents a decrease of US$ 55/ton from November level.
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