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PX market prices go range-bound in H1, 2024

Shandong (JLC), Jul 17, 2024—Asian PX market prices went range-bound in the first half of 2024. As of the end of June, Asian PX offers stood at $1,044/mt CFR Taiwan/China.

07-17-2024 17:15:52

PX market robust in Q3 on firm fundamentals

Shandong (JLC), October 11, 2023--PX market was robust in the third quarter of the year, as the fundamentals were firm on the whole.

10-11-2023 16:57:45

PX market suffers supply pressure on new start-ups

Shandong (JLC), December 5, 2022--Two sets of new PX units have been put into production in November, and another set of new units is expected to be put into production in December.

12-05-2022 17:18:00

Asian PX market review in H1 2022

Shandong (JLC), July 12, 2022--Asian paraxylene (PX) prices increased in the first half of 2022, as international crude prices increased and some PX units underwent shutdown.

07-12-2022 08:29:43

Asian PX market performs firm in H1

Shandong (JLC), July 22, 2021--Asian PX market was firm on the whole in the first half of the year buoyed by relatively strong fundamental and cost support.

07-22-2021 15:02:27

China’s PX market to see newly-added units in H2

Shandong (JLC), April 23, 2021--Chinese paraxylene (PX) producers Zhejiang Petroleum and Chemical (ZPC) and Jiangsu Shenghong Group are expected to bring their new PX units on line in the second half of the year, which will bridge the supply gap caused by newly-added PTA units, JLC’s research shows.

04-23-2021 16:56:02

Asian PX market to extend oversupply in H1, 2021

Asian PX market is anticipated to remain oversupplied in the first half of 2021 due to expectations of newly-added units.

12-09-2020 11:01:09

Impact of Japan and South Korea public health events on China PX market

About half of PX in China was imported from South Korea and Japan, and PX in South Korea and Japan was mainly exported to China. Due to the outbreak of public health events, the overall economy saw downtrend, and it might drag PX price down further.

02-26-2020 16:39:28

PX market dim on waning demand

PX market was dragged down by low operating rate of PTA market and thin demand from polyester industry.

02-13-2020 17:45:36

PX market Dec ACP hard to reach

Shandong (JLC), November 28--The ACP in PX market will be hard to be concluded in December as losses in PTA industry and high profits in PX industry have caused great differences between sellers and buyers.

11-28-2018 17:38:32

Asian PX market review in H1, 2018

Shandong (JLC), June 28, 2018--Asian PX price saw wide fluctuations in the first half of 2018 with the highest standing at $1,034.03/mt on May 15th and the lowest ending at $931.2/mt on January 1st, making the spread between them post at $102.83/mt.

06-28-2018 17:50:54

China PX market aims to break through import dependence

Hengli Petrochemical built an integrated refining chemical project, with a total capacity of 20 million mt/yr. It has two sets of PX units with capacity both at 2.25 million/yr.

06-28-2018 09:14:00

Sino-US trade war hits Asian PX market

Shandong (JLC), June 26, 2018--Asian PX price dropped by $36.34/mt in total within two days to $935.33/mt FOB South Korea and $954.33/mt CFR Taiwan area as Trump administration threatened to impose an additional 10% tariff on $200 billion worth of Chinese products on June 18th.

06-26-2018 17:44:40

Dilemma and challenges in China PX market

According to JLC’s predication, China PX apparent consumption volume in 2017 will reach 23.11 million mt, while PX output will be around 9.45 million mt. The import dependence in China reaches a high level of 59.28%. As the world's largest

11-30-2017 11:25:00

Asia PX market will blossom after the Spring Festival

Asian PX market will blossom after the Spring Festival

01-23-2017 14:50:57

PX market characteristics & events in 2016

There were several new changes in PX industry in 2016. PX price turned to soar in the end of the year after fluctuating for over a half year.

12-20-2016 17:52:34

Analysis on Fujian PX market

Fujian Refining & Petrochemical Company (FREP) is a large scaled enterprise invested jointly by Fujian Petrochemical, ExxonMobil China Petroleum & Petrochemical Company and Saudi Aramco Asia Company with a total investment of CNY40 billion

08-19-2016 16:35:42

PX market is closely associated with crude oil

t’s known that international crude price trend affected most of chemical products, especially aromatics industry, olefin industry and refined oil products whose price trends are closely associated with crude oil just like stock market.

07-14-2016 17:22:24

China PX market in December

In November 2015, Asia PX market fluctuated within limited range. International crude price fell back, but exerted limited influence upon aromatics market.

12-03-2015 17:08:40

Whether PX market will see a rebound in “golden September and silver October”

According to JYD, in August, PX price of CFR Taiwan China averaged at $798.2/mt, down by 8.83% on-month and 41.27% on-year. The peak price was $836.5/mt on August 11th while the bottom was $742.5/mt on August 26th.

09-06-2015 17:56:33

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