Asia Paraxylene

摘要

Week on week, Asian paraxylene prices fell $17.50/mt to $770.50/ mt FOB Korea and $791.50/mt CFR Taiwan/China Friday, and were down $12/mt day on day, as the Asian Contract Price negotiations for November reached a major settlement at $780/mt CFR, also on Friday. Two Japanese PX producers, JX Nippon Oil & Energy, and Idemitsu Kosan, both settled at $780/mt with China’s Yisheng Petrochemical, and separately, Idemitsu also settled at $780/mt with Japan’s Mitsui Chemicals, company and market sources said.