TITLE

Asian PA figures reach their highest mark for a decade

AUTHOR(S)
Gibson, Jane
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/15/2006, Vol. 1 Issue 19, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the performance of the Asian phthalic anhydride market (PA). PA prices hit a ten-year high in May 2006, with Chinese numbers touching $1020/tonne CFR China Main Port and southeast Asian prices reaching $1030-1050/tonne CFR. Offers jumped $100-130/tonne to $1100-1130/tonne CFR CMP from the end of April 2006. But bids hovered at $970-980/tonne, unchanged from fixtures that were settled two weeks ago. Producers said it was not possible to make a deal at this price.
ACCESSION #
21046794

 

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