REFLECTING weaker sentiment, spot paraxylene (PX) prices dropped almost 12% in the past month and breached the psychologically mark of US$1000/ ton, as most end-user requirements for the month of March has been covered, as per ICiS. Paraxylene parcels for H2-Feb and March delivery were assessed at three month lows of US$1000-1010/ ton CFR Taiwan/China.
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