Webinar: The Paraxylene Effect
This webinar was held on Thursday, July 5, 2018 at 10 a.m. AST | 3:00 p.m. SGT – if you wish to view the recording and see the slide pack please complete the form to the right.
1 minute read
Presented by: Gordon Haire, Head of Aromatics and Darryl Xu, Principal Analyst, Aromatics AsiaPac
Recent months have been a sharp reminder of the impact that paraxylene costs can have right through the polyester chain.
The sharp increase in crude oil since the beginning of the year and the transition to peak gasoline demand has pushed:
- Asian PX prices up by $100/t
- European prices up by €100/t
- US prices up by over 5 c/lb
Hear our experts talk about our insights into the outlook and tools we have available to forecast paraxylene cost pressures in each region.