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China’s Sinopec settles April MEG and PTA contracts

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/04/2016 (10:57)
Market sources report that China’s Sinopec settled its MEG contract for April with a decrease of CNY325/ton ($43/ton) from its March settlement, bringing its new contract price to CNY5500/ton ($725/ton without VAT). Sinopec also reportedly settled its April PTA contract at CNY4900/ton ($646/ton without VAT).
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