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The Spread Between Asian Paraxylene and Benzene Fell to Its Lowest in More Than Nine Years

May 13, 2014

The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...

Tags: Paraxylene, Benzene

The Asian Paraxylene/Naphtha Spread Slumped to 28-Month Low of $440.38/Mt

Nov 27, 2013

The Asian paraxylene/naphtha spread slumped to 28-month low of $440.38/mt on Friday, down $14.62/mt from the previous day, with the regional PX market hit by rising supplies. The CFR Taiwan/China PX price benchmark inched down $0.50/mt ...

Tags: PX Supplies, PX-Naphtha

Annual Paraxylene Term Negotiations for 2014 Have Gotten off to a Slow Start in Asia

Nov 25, 2013

Annual paraxylene term negotiations for 2014 have gotten off to a slow start in Asia, and talks are expected to be protracted, as the supply/demand fundamentals are expected to change significantly halfway through next year, sources ...

Tags: paraxylene term, Chemicals

The Asia Price Spread Between Paraxylene and Feedstock Naphtha Narrowed $16.12/Mt

Oct 23, 2013

The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...

Tags: Paraxylene, PX-Naphtha

Paraxylene Market Participants Expect Another Tough Round of Negotiations

Oct 7, 2013

Paraxylene market participants expect another tough round of negotiations for the Asian Contract Price for October amid tight PX supplies and a bearish downstream purified terephthalic acid market, sources close to the negotiations said ...

Tags: Chemicals

Price Shrank $9/mt Day on Day to a One-year Low of $175/mt on a CFR Basis Wednesday

Sep 9, 2013

The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...

Tags: MX Firms

CFR Taiwan/China Paraxylene Price Benchmark Fell $8.50/mt From Friday

Sep 4, 2013

The CFR Taiwan/China paraxylene price benchmark fell $8.50/mt from Friday to be pegged at $1,511.50/mt early Monday, after negotiators reached no settlement for September Asian Contract Prices, market sources said. Market sources said ...

Tags: PX Market, Chemicals

The Production Margin for Spot Purified Terephthalic Acid Hit a Six-Month High

Jan 14, 2013

The production margin for spot purified terephthalic acid hit a six-month high Wednesday following a sharp drop in feedstock paraxylene prices, but this still failed to lift the margin out of the red, Platts data showed. The PTA margin ...

Tags: PTA, paraxylene, price, Asia

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