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China’s Sinopec nominates May PX price

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/05/2017 (10:48)
Market sources report that China’s Sinopec nominated its May PX prices at CNY6,900/ton, which corresponds to about $856/ton with the recent parity when excluding VAT.

The company’s new PX nomination implies a monthly decrease of CNY30/ton ($4/ton) from the April settlement.
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