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According to news from Platts Energy Information Network on November 30, market analysts said that in 2021 the global paraxylene (PX) market will continue to focus on Asia, especially China.
U.
S.
PX producers may continue to compete with low-cost imports from the U.
S.
Atlantic coast.
From 2019 to mid-November 2020, U.
S.
PX imports increased significantly by 45%.
According to sources, in the second quarter of 2020, the cost of PX imports on the East Coast of the United States will be lower than the cost of production on the Gulf Coast of the United States.
As PX devices in other regions reduce their operating rates and stop production, the price of PX in the United States may ease in 2021, but the outlook is still not optimistic.
Transfer from: China Chemical Industry Information Weekly
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