Paraxylene (PX) prices march higher in the United States

On Wednesday, PX prices climbed in the U.S. due to higher upstream crude values and bullish demand trends.

Bullish cues from Asia further supported the price increase.

PX prices were assessed at USD 1530-1540/mt FOB US Gulf mark, a sharp rise of USD ( 20/mt) from Tuesday's assessed levels.

Feedstock MX prices were assessed at 408.00-408.10 cents/gallon FOB US Gulf levels, a day-on-day tumble of (-29 cents/gallon).

Meanwhile, in Asia, PX prices were assessed at USD 1130-1140/mt FOB Korea levels on Wednesday, up USD ( 20/mt) from Tuesday.

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