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China’s Sinopec settles April PX contract

by ChemOrbis Editorial Team -
  • 22/04/2016 (14:50)
Market sources report that China’s Sinopec settled its PX contract for April with an increase of CNY105/ton ($16/ton) from its March settlement, bringing its new contract price to CNY6200/ton ($817/ton without VAT).

In Asia, spot PX prices are currently reported $10-15/ton higher on the week at $795/ton FOB Korea.
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