October contract price paraxylene Europe - Arhive

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The October contract price of paraxylene in Europe fell by EUR22.5 per ton October contract price paraxylene Europe

October contract price paraxylene Europe

MOSCOW – The contract price of paraxylene in Europe for October deliveries was agreed at EUR1,137 per tonne, which is EUR22.5 per tonne lower than the September contractual price of material, ICIS reported on Wednesday confirming both buyers , and from the sellers in the market.

The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe).October contract price paraxylene Europe

Thus, the October contract price for the material was agreed on two levels: the first was EUR1,135 per ton, and the second was EUR1,140 per ton.

Thus, the contract price was approved at the average between the values ​​of these agreed levels.

Earlier it was reported that the contract price of paraxylene in Europe for September deliveries was agreed at the level of EUR1,160 per tonne, which is EUR210 per tonne higher than the August contractual price of the material.

Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate for the production of polyethylene terephthalate (PET).

According to ScanPlast Company Market Report, in August compared to July, imports of PET to Russia decreased to 12.48 thousand tons. October contract price paraxylene Europe

At the same time, for the period January-August 2018, the import of PET into the country showed an increase of 10%.  108.20 thousand tons of PET were imported to the Russian market, of which 80.12 thousand tons accounted for the import of material for casting preforms, and 21.47 thousand tons for the manufacture of fibers.

Exports of Russian PET in August amounted to 6.55 thousand tons.  In January-August, total exports increased by 86% compared to 2017 and amounted to 57.49 thousand tons.

mrcplast.ru

Author:   Anna Larionova