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Europe PX contract reference cost in January increases compared to December levels amid firmer pricing in Asian market: ICIS

Global chemical industry faces ongoing supply chain concerns amid rising tensions in the Middle East; European markets report rising demand for items such as PX, which is typically sourced in large quantities from Middle East, Asia: ICIS

Europe PX demand firms in the first several weeks of 2024 as Red Sea shipping disruptions shift purchasing behavior; freight delays have also impacted arrival of PTA and PET: ICIS

Asia spot PX offer prices dip on Jan. 8 amid lower downstream PTA market rates in China; PTA futures for May 2024 contract down by Yuan 100/tonne compared to Jan. 5 levels

US PTA contracts see price drop in December 2023 following upstream PX price movements; mixed xylenes prices trending downward amid declining demand through end of 2023: ICIS

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