Paraxylene Highlights from 01-15, Feb 2012
In the last fortnight, PX price increased due to availability crisis. PX price will remain high in short-term with the expectation of increasing downstream demand in the current quarter. In the second half of the last fortnight, PX prices maintained the higher level due to robust regional buying trend. According to market expert, buying momentum was sufficient in PX at the end of the last fortnight. By the end of the last fortnight, PX price turned softer in Asian markets.
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