Paraxylene Asia

摘要

Asian paraxylene ended a volatile week at $1,536/mt FOBKorea and $1,556/mt CFR Taiwan/China, down $84/mt or5.12% week on week amid a massive selldown fuelled byeurozone debt concerns. It hit an intra-week-low of$1,529/mt CFR on Wednesday as regional stock marketsplunged into the red, and managed a weak recovery over thenext two days. Amid uncertainty, sellers outpaced buyers asNovember arrival parcels were continually offered down in aattempt to draw out buyers.