Paraxylene (PX) prices on Monday raced higher in Asia. Prices firmed on the back of a spike in downstream PTA price futures on the Zhengzhou Commodity Exchange.
FOB Korea prices of PX were assessed up at the USD 1365/mt levels, a gain of USD 30/mt from last Friday s assessed prices. CFR China prices were assessed up at the USD 1380/mt levels.
Supporting the rise were gains recorded in Isomer MX rates which on Monday were assessed up at the USD 1020/mt FOB Korea levels.
PTA prices meanwhile were assessed at the USD 1180/mt CFR China mark while on the Zhengzhou Commodity Exchange, prices of PTA futures bolstered up a whopping Yuan 374/mt to the Yuan 9984/mt levels.
FOB Korea prices of PX were assessed up at the USD 1365/mt levels, a gain of USD 30/mt from last Friday s assessed prices. CFR China prices were assessed up at the USD 1380/mt levels.
Supporting the rise were gains recorded in Isomer MX rates which on Monday were assessed up at the USD 1020/mt FOB Korea levels.
PTA prices meanwhile were assessed at the USD 1180/mt CFR China mark while on the Zhengzhou Commodity Exchange, prices of PTA futures bolstered up a whopping Yuan 374/mt to the Yuan 9984/mt levels.
