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Chemical Week Magazine :: Basic Chemicals & Plastics

Europe, Asia p-xylene prices strong on firm demand

6:08 AM MDT | April 17, 2015 | —Francinia Protti-Alvarez

Asia’s para -xylene ( p -xylene) demand remains strong, and more p -xylene will likely be transacted in the region’s spot market, pushing prices higher, as the market adjusts to the possibly lengthy shutdown of Dragon Aromatics’ (Zhangzhou, China) production facility. An explosion at the plant, at Tenglong, on 6 April boosted p -xylene spot levels in Asia; prices rose to $865–880/m.t. cfr China in the days after the accident from $835/m.t. cfr China on 6 April, IHS Chemical says. Dragon Aromatics’ plant has the capacity to produce...

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