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Hike in upstream energy prices push European PX on Feb 12
13 Feb '15
1 min read
The prices of paraxylene (PX) increased in European market on February 12, mainly due to hike in upstream energy prices coupled with tight product availability in the region.
On February 12, PX prices were assessed at US$ 740/ton, which were higher by US$ 10/ton as compared to the prices on Wednesday (Feb 11).
However, prices in the US showed a downward trend and were assessed at US$ 755/ton yesterday, lower by US$ 10/ton as compared to the prices on Wednesday.
Fibre2fashion News Desk - India
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