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China’s Sinopec nominates June PTA, MEG contracts

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/06/2015 (14:45)
According to market sources, China’s state owned Sinopec has nominated its PTA and MEG contracts for June. The producer’s new PTA nomination stands at CNY5300/ton ($744/ton without VAT), down CNY50/ton ($8/ton) from May.

Meanwhile, the producer also nominated its June MEG contract with a decrease of CNY350/ton ($57/ton) at CNY7500/ton ($1053/ton without VAT).
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