Related Keywords: orthoxylene price, paraxylene price, Paraxylene price in asia, petrochemical price in Asia, petrochemical price in Europe, petrochemical price in USA, PTA price
Paraxylene prices dropped for the second consecutive week in Asian markets in the week ended 22 May. However, prices were lifted week end as upstream and downstream prices were firmer. Meanwhile, JX nominated its June contract price at US$960 a ton. During the week, orthoxylene prices fell US$31 a ton CFR China and FOB Korea on weaker demand and alongside lower co-product. This led to Sinopec lowering its OX price by 200 Yuan a ton.
