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China’s Sinopec nominates March PX contract

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/03/2015 (13:16)
China’s state owned Sinopec has nominated their PX contract for March, according to market sources. The producer announced its PX contract at CNY6500/ton ($905/ton without VAT), up CNY800/ton ($130/ton) from February.

In Asia, spot PX prices on an FOB South Korea basis decreased $50-55/ton week over week to be currently reported at around $895-900/ton.
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