Paraxylene (PX) prices rise in Europe on tighter supply and improved buying interest

Last week, PX prices moved higher in Europe.

An sector source in Europe informed a Polymerupdate team member, “Market sentiment improved on reports of tighter supply and stronger buying interest across the region. Firm trends in Asia, supported by healthy purchasing activity, provided additional momentum to prices.”

FOB Rotterdam PX prices were assessed at USD 1185–1195/mt levels, week-on-week increased by USD (+25/mt).

Meanwhile, FOB Korea PX prices were assessed at USD 1110–1120/mt levels, higher by USD (+30/mt) from the previous week.

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Paraxylene (PX) prices rise in Europe on tighter supply and improved buying interest

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