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China’s Sinopec announces PX contract for November

by ChemOrbis Editorial Team -
  • 30/10/2014 (11:25)
China’s Sinopec has nominated their November PX contract, according to market sources. The producer’s new PX contract stands at CNY8000/ton ($1114/ton without VAT), down CNY500/ton ($82/ton) from their October settlement.

In Asia, spot paraxylene prices have decreased around $155/ton since the beginning of October to be reported at around $1035/ton FOB Korea.
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