US OX October CP settles at 50 cts/lb, down 8 cts The US October orthoxylene contract was settled at 50 cents/lb ($1,102/mt), down 8 cents/lb from September, a buyer to the contract said Friday. Seller confirmation was not available at time of press....More...
Europe PX spot liquidity drastically cut as PTA producers suffer
It has been a tough year for participants in the Northwest European paraxylene market as producers were faced with pressures from two sides - soaring energy costs in the second and thirdquarters, and the difficult conditions for downstream purified terephthalic acid producers, prompting a cut in PX demand. Read
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Asian MEG producers expect more gloom ahead Asian monoethylene glycol producers this week said after weathering negative margins throughout the third quarter, they did not expect the business environment to improve in the near future, as the weakening global economy is likely to severely reduce consumer demand. Read more...
Asian MEG producers expect more gloom ahead
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