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China’s Sinopec settles March PX contracts

by ChemOrbis Editorial Team - content@chemorbis.com
  • 23/03/2017 (15:36)
Market sources report that China’s Sinopec settled its March PX contracts at CNY7,350/ton, which corresponds to about $910/ton with the recent parity when excluding VAT.

The company’s new PX settlement implies a monthly decrease of CNY195/ton ($28/ton) from February.
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