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China’s Sinopec nominates PX contract for February

by ChemOrbis Editorial Team -
  • 29/01/2015 (15:52)
According to market sources, China’s Sinopec has nominated their PX contract for February. The producer’s new PX contract stands at CNY5900/ton ($824/ton without VAT), up CNY300/ton ($96/ton) from January.

In Asia, spot PX prices were down $5/ton week over week to be currently reported at $755-760/ton on an FOB Korea basis.
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