Ample supply amidst subdued demand in the region on the back of weakened PTA resulted in an overall dull market of Paraxylene in Q3 2020. Supple inventories of the product left no room for the sellers to spread their profit margins. To assist the hovering fundamentals, few European producers were seen implementing production cuts, but certainly, it was not enough to rebound its hovering sentiments.
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The third quarter showed mixed results for the North American Benzene industry. Regional Benzene demand remained firm from the Styrene segment amid a recent uptick in exports as well as stronger Benzene demand in the US.
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The report on Paraxylene by Infinium Global Research analyses the Paraxylene Market over the period of 2016 to 2021. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Paraxylene Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Paraxylene Market.
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The global Mixed Xylene market is projected to reach US$ 74.79 Bn over the forecast period, while growing at a CAGR of 7%, by value. Increasing demand for Paraxylene and rising consumption of mixed xylene as a solvent are some of the important factors expected push the demand for mixed xylene in the global market.
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PX supplies in the European region were tight, during the first quarter of 2021, due to the lower operating rate of refineries in the northwest European region amidst cold weather conditions, followed by decline in imports from the USA which further tightened the market supplies.
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Rs. 747.10 Crore has been incurred on the polyester expansion project till December 2006. ... Rs. Crores. 28.60. 89.09. Export Sales. 1401.34. 1385.05. Domestic ...
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Research and Forecast of China Para-Xylene (PX) Market, 2014-2018 @ http://www.marketreportschina.com/research-and-forecast-of-china-para-xylene-px-market-2014-2018 Research and Forecast of China Para-Xylene (PX) Market, 2014-2018 mainly analyzes current market status of China’s PX industry, main problems, supply and demand, business performance of major domestic enterprises, meanwhile offers proposals for PX industry, so as to make investors know this industry better and provide decision-making references for investment. PX, which serves as the significant and basic chemical, has enjoyed extensive application in many fields of chemical production, such as chemical fiber, synthetic resin, pesticide, medicine and plastics etc.
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Unit of measure * Footnote Source: Source Working Draft CONFIDENTIAL Document Date This report is solely for the use of client personnel. No part of it may be ...
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High Density Polyethylene (HDPE) demand in India stood at 2,501 KTPA in 2018 and is projected to grow at a CAGR of 7.68% during 2019-2030 to reach 6,064 KTPA by 2030.
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