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Orthoxylene (OX) prices decline in Asia

Petrochemical industry | 06 Jul 2020 08:30 IST | Polymerupdate.com

Last week, despite high feedstock isomer MX rates, OX prices declined in Asia. Reports of poor regional demand trends, forced OX sellers to reduce their prices lower across the Asian regions.

FOB Korea prices of OX were assessed at the USD 515/mt levels, while CFR South East Asia prices were assessed at the USD 530/mt levels, both down USD 5/mt from the previous week.

CFR China prices of OX were assessed at the USD 535/mt levels, a week on week fall of USD 10/mt.

Meanwhile, feedstock Isomer MX prices on Friday were at the USD 440/mt FOB Korea levels, a gain of USD 10/mt from the previous week.
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