United States

摘要

Spot PX fell $5/mt on the week after shooting up Monday and Tuesday on uncertainties in the oil markets and a brief jump in Asia. By week's end, however, Asian PX fell and the US followed. Currently the Libya situation's impact in PX was negligible despite higher naphtha costs due to the already giant spread between naphtha and PX. PX was not being driven by its costs but rather by cotton and PTA.