Isomer xylene prices fell this week

Xylene isomers:

 The decline in crude oil prices this week and weekly aromatic weak market trends in other xylene isomers downward pressure on market prices. Despite the

higher prices of p-xylene, however, prices fell this week, xylene isomers 5-10 USD / ton.

Leave Japan on Wednesday and Friday as Singapore, Korea, China and Taiwan Labor Day holiday, so deserted trading week.

FOB Korea on Friday valued at 715-730 U.S. dollars / ton, this week is valued at 715-740 U.S. dollars / ton. Vendors still believe that prices will remain

stable and strong momentum trading day in May most of the week the intention of shipping the goods price of 740-760 U.S. dollars / ton (FOB Korea) on
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Thursday fell 10 U.S. dollars / ton to 730 U.S. dollars / ton (FOB Korea). However, the buyer popularity deserted, and May shipments from the beginning of

the week 730 U.S. dollars / ton (FOB Korea) down to Friday's 710-720 U.S. dollars / ton (FOB Korea).

Market participants said that crude oil  prices and aromatics in the week after the price drop, CFR price negotiations even more affected, due to end-users

have taken to wait and see attitude. Reported on Wednesday when the sales price of $ 730 interest / ton (CFR Taiwan), but, Thursday, May shipments of the

sales price up to 745-750 intention of U.S. dollars / ton (CFR Taiwan).

However, the end-user that the region may be more weak buyer sentiment, because of ample supply of xylene isomers. Therefore, the report said a bid Thursday

to buy the 710-720 U.S. dollars / ton (CFR Taiwan), the price of the award, a group of buyers to buy 5000 tons of cargo arrive in June. Friday, CFR Northeast

Asia, is valued at 710-740 U.S. dollars / ton, this week for 710-750 U.S. dollars / ton.

One end user said an unknown number of ocean-going cargo may arrive in the region, and the excess supply in India may also increase the level of supply in

Asia. No further definite information. End users also said that because production stable profit, regional restructuring of firms operating rate increase,

therefore, ample supply.

However, some traders and manufacturers do not agree with this view, and said xylene isomerization some tight supply. China and Taiwan stocks high end users,

as they purchased a large quantity of goods last week. And this demand may be slowing down this week, one of the reasons.

Most manufacturers and traders also believe that the basic  needs of manufacturers of solid p-xylene. Most of the xylene plant operators to maintain

production, and the short term may not cut production reasons.