Related Keywords: daily textile prices, Paraxylene price in asia, Paraxylene price in Europe, Paraxylene price in USA, polyester chip price, polyester fibre price, polyester filament price, PTA prices
There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although finished its negotiations for the May Asian Contract Price for paraxylene but could not reach a settlement. Meanwhile spot paraxylene prices dropped US$70-75 a ton in March only to recover partially in April. In Europe too, May contract failed to settle while March and April saw spot numbers losing over US$80 a ton.
