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China’s Hengli nominates March PTA contract

by ChemOrbis Editorial Team -
  • 13/03/2015 (11:28)
According to market sources, China’s Hengli Petrochemical has nominated its PTA contract for March. The producer announced their new contract at CNY5000/ton ($696/ton without VAT), up CNY200/ton ($33/ton) from February.

In Asia, spot PTA prices rose $5/ton week over week to be currently quoted at around $630-635/ton CFR China.
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