July contract price paraxylene Europe level June - Arhive

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July contract price of paraxylene in Europe remained at the level of June   July contract price paraxylene Europe level June

 

July contract price paraxylene Europe level JuneMOSCOW – The contract price of paraxylene in the European market was finally agreed on the July deliveries at the same level as in the previous month, ICIS informed two buyers and one seller.

Prior to the final approval of the contract price of paraxylene in Europe, material prices were agreed at various levels.

In particular, one price was announced at the level of EUR885 per tonne, FD NWE (North-Western Europe), and the other at EUR895 per tonne, FD NWE.

Thus, the July contract price of paraxylene in Europe was agreed on an average of these values, ie, EUR890 per tonne, FD NWE.July contract price paraxylene Europe level June  

Paraxylene is a raw material for the synthesis of TPA – a semi-product for the production of polyethylene terephthalate (PET).July contract price paraxylene Europe level June  

According to the Price Review of ICIS-MRC , in early July, the change in the market trend for the players of the Russian PET-granulate market became apparent.

Stable operating time at the Senezh plant, a reduction in prices in Chinese factories and a seasonal decline in the rush demand of May – early June are the main factors in the decline of tensions in the market.July contract price paraxylene Europe level June  

In early July, spot prices for large quantities of granulate dropped sharply.

mrcplast.ru

Author:                Margarita Volkova

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