Asian isomer-grade mixed xylene traders are eying opportunities to make the reverse arbitrage movement from Northeast Asia to the US Gulf Coast given the recent widening of prices between both regions, traders said Wednesday. Several ...
Tags: Asian Isomer-MX, Arbitrage
China’s chemical project in Kunming, capital city of Yunnan province, is still being discussed and evaluated for setting up a project for production of paraxylene or PX, company officials of China National Petroleum Corp (CNPC) said ...
Tags: CNPC, PX Project, Textile
In view of the protests staged last week, China Government has left it to the public to decide to allow China National Petrochemical Corp. (CNPC) to establish a new chemical plant in Kunming, capital city of Yunnan Province in south-west ...
Tags: Metallurgy, Mineral, Energy
The May US mixed xylene contract price settled at $3.94/gallon ($1,193.82/mt), 11 cents ($33.33/mt) higher than April's mark, trading sources said Monday. The MX contract price had settled at $3.83/gal for April, which was 57 cents lower ...
Tags: Mixed Xylene, Chemicals
Kazakhstan is planning to invest in setting up a purified terephthalic acid (PTA) plant at the cost of US$ 450 million in the Belarusian town of Mogilev. The existing location of OAO Mogilevkhimvolokno is being considered for setting up ...
The formula-driven April US terephthalic acid price was heard set Monday at 61.57 cents/lb ($1,357/mt), a 4.98 cents/lb decrease from March after the settlement of the US paraxylene contract, industry sources said. US PTA contracts are ...
Tags: US PTA Price, PTA Price
US spot paraxylene jumped $55/mt this past week amid stronger demand from Asia, industry sources said Friday. Thursday's spot PX assessment of $1,445/mt FOB US Gulf Coast marks the highest level since March 25, when it was assessed at ...
Tags: US Spot PX, Chemicals
The April European contract price for paraxylene has been fully settled at Eur1,120/mt ($1,467/mt) FD NWE, Eur130/mt lower than March's ECP, sources confirmed Thursday. The ECP was initially settled on Wednesday by seller Shell and buyer ...
After hitting an eight-month low on March 28, Asian isomer-grade mixed xylenes have seen a marked rebound as bargain hunters returned to the market and the downstream paraxylene sector showed signs of rising demand. From $1,119.50/mt FOB ...
Tags: Asian Isomer-Mx, Downstream
Reflecting the coverage of our monthly consulting services, our conference will feature papers on a number of fibres including those in acrylics, carbon, nylon, polyester, polypropylene, spandex and viscose as well as the raw materials for ...
Japanese refiner Idemitsu Kosan has nominated the April paraxylene Asian Contract Price at $1,600/mt CFR, sources close to the negotiations said Friday. There are four PX ACP sellers in Asia -- ExxonMobil, Idemitsu Kosan, Japan's JX ...
Blend values for toluene and mixed xylene have become a price floor as their derivative demand shrank in the spot market, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ...
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
Buyers of polyethylene terephthalate in Europe are reluctant to build inventories as they expect PET prices to decline in April, market sources said this week. These expectations are being driven by weaker upstream markets, as contract ...
Tags: Chemicals
Ulsan Aromatics, a joint venture between South Korea’s SK Global Chemical and Japan’s JX Nippon Oil and Energy has planned to build a new Paraxylene (PX) plant in Ulsan, South Korea. A SK Global Chemical company official ...