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From November 5 to 11, Asian PX prices fell about 10% on easing geopolitical tensions and lower oil prices, averaging $1,178.5/t CFR China. Several Chinese PX and PTA units are under maintenance and PX is expected to trade at $1,175-1,250/t next week.
Petrochemical weakness has no meaningful link to feed commodity supply or demand and therefore no direct effect on feed ingredient prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.