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Recent Articles

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Higher availability of PX spot cargoes keeps market bearish in Asia; September 2024 delivery talks at US$1,008-US$1,010/tonne in China Main Ports or CFR Taiwan: ICIS

Europe's PX demand expected to be strong in summer 2024; challenges anticipated in H2 as permanent production shutdowns loom, alongside increased freight costs impact imports: ICIS

Asian PX and naphtha price gap continues to decline due to underperformance of downstream PTA sectors; transactions for the PX-naphtha price gap on June 18, 2024 concluded at US$354-US$355/tonne: ICIS

US PX contracts for June 2024 evaluated at US$1,322.76/tonne, down US$11/tonne from May; decline attributed to low mixed xylenes prices and EPA's emergency waiver for sale of E15 gasoline in summer: ICIS

Asian PX fundamentals strong due to reduced inventory related to maintenance turnarounds; 10.37 million tonnes/year facilities to restart in June, while ongoing outages totaling 3.56 million tonnes/year during the month: CCF Group

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