Paraxylene: Asia

摘要

The Asian paraxylene market rose $4/mt day on day to be assessed at $1,520.50/mt FOB Korea and $1,545.50/mt CFR Taiwan/China Friday, turning around early losses with late afternoon bargain hunting amid a strong downstream purified terephthalic acid market. Week on week, the Asian PX market fell $7.50/mt. Bearish sentiment continued in the Asian PX market this week, hit by persisting weak demand from downstream purified terephthalic acid producers.