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China’s Sinopec cuts its PX nomination for January

by ChemOrbis Editorial Team -
  • 12/01/2015 (11:48)
According to market sources, China’s Sinopec lowered its January PX nomination to the domestic market. The producer’s new PX nomination stands at CNY5900/ton ($823/ton without VAT), down CNY400/ton ($65/ton) from their December settlement.

The producer had settled its December PX contract at CNY6300/ton ($879/ton without VAT), unchanged from November.
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