Paraxylene prices Asia PET
Paraxylene prices in Asia are up Paraxylene prices Asia PET
MOSCOW – Prices for paraxylene in Asia rose on Monday amid increased demand for fast supplies, according to ICIS , citing market participants.
According to ICIS, prices were USD904-906 per tonne, CFR, the main ports of Taiwan / China, which is USD28 higher compared to May 24.
The July supply transactions were at USD893-907 per tonne, CFR Taiwan / China’s main ports, compared to USD876 per tonne, CFR Taiwan / China’s main ports on May 24th. Paraxylene prices Asia PET
Demand has increased due to delays in restarting paraxylene production in India and unplanned outages in the Middle East. Paraxylene prices Asia PET
Chinese futures contracts for TFK for September rose by 2.45% on Monday, while sales in the polyester manufacturing sector rose above 100%.
According to Scan Report Company Market Report, in Russia, the estimated consumption of PET in January-March of the current year increased by 21% and amounted to 179.05 thousand tons.
In March, the total estimated consumption was 64.35 thousand tons, which is 6% higher than the previous year.
Author: Anna Larionova