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China’s Sinopec settles November PX contract

by ChemOrbis Editorial Team -
  • 24/11/2015 (10:15)
According to market sources, China’s Sinopec has settled its November PX contract. The producer settled its contract with a decrease of CNY90/ton ($14/ton) from October at CNY6050/ton ($809/ton without VAT).

In Asia, spot PX prices are reported at $765/ton on an FOB South Korea basis, stable from a week earlier.
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