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Asian producers announce April PX contracts to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/03/2017 (15:23)
Market sources report that four Asian producers nominated their April PX contracts to Asia. SKGC nominated their April PX contracts at $910/ton CFR Asia, up $5/ton from March settlement, and S-Oil at $900/ton, down $5/ton from the previous settlement. Japan’s JX Nippon Oil and Energy and Idemitsu Kosan announced their April PX prices, however, at $905/ton, unchanged from March settlement.

Nomination from ExxonMobil is yet to be revealed.

In Asia, spot PX prices, meanwhile, are currently reported at around $810/ton FOB Korea, down $40 from a week earlier and down $80/ton from early March.
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