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Upstream price fall leads to Asian PX dipping this week
31 Jan '15
1 min read
Fall in upstream energy prices and sluggish downstream demand in key markets of the region led to Asian PX prices dipping in this current week ending Jan 30.
Lower prices of feedstock and downstream products also contributed to the decline of prices.
In Korea, prices which were at US$ 770/ton on Monday, slipped by 3.25 per cent during the week and were quoted at US$ 745/ton on Friday (Jan 30).
In S E Asia, prices which were at US$ 795/ton on Monday, dropped down by 3.14 per cent through the week and were assessed at US$ 770/ton on Jan 30.
Lower prices of feedstock and downstream products also contributed to the decline of prices.
In Korea, prices which were at US$ 770/ton on Monday, slipped by 3.25 per cent during the week and were quoted at US$ 745/ton on Friday (Jan 30).
In S E Asia, prices which were at US$ 795/ton on Monday, dropped down by 3.14 per cent through the week and were assessed at US$ 770/ton on Jan 30.
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