Record Asian PX fuels EU contract hikes

Gibson, Jane
May 2006
ICIS Chemical Business;5/29/2006, Vol. 1 Issue 21, p34
Trade Publication
The article focuses on the value of paraxylene in the global market. Global paraxylene values are rising, with record highs of $1130-1150/tonne CFR Taiwan in Asia's spot market, and steadily increasing European spot numbers also breaking records at $1080-1150/tonne fob NWE. Following Asian contract nominations for June, European consumers are facing steep increases next month. European producers say that Asia's nominations fall short of a number which could cover feedstock increases.


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