China’s Sinopec announces Nov PX contract
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, China’s Sinopec has nominated its November PX contract at CNY6,800/ton, which corresponds to about $1024/ton with the recent parity.
The company’s new PX settlement implies a monthly increase of CNY40/ton ($6/ton) from its October settlement.
The company’s new PX settlement implies a monthly increase of CNY40/ton ($6/ton) from its October settlement.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- India finally announces ADD on S-PVC imports: What’s in store for subject countries?
- Turkish PE players hunt for signs of a market bottom amid pending Nov offers
- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
- Slump deepens in European plastics recycling industry
- SE Asia’s PPH regains premium over China after 3 weeks
- Stats: China rapidly expands its share in SE Asia’s PP markets
- Vietnam’s import PE prices rebound over 2 weeks; but demand struggles persist
- Geopolitics set back trading activities in Middle East
- Firming trend in European PVC markets falters in October
