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China’s Sinopec settles October MEG, PTA, PX contracts

by ChemOrbis Editorial Team -
  • 23/10/2015 (10:42)
According to market sources, China’s Sinopec settled its October MEG, PTA and PX contracts. The producer settled its October MEG contract with a decrease of CNY350/ton ($55/ton) from September at CNY5650/ton ($759/ton without VAT).

However, Sinopec settled its PTA and PX contracts for October higher from September at CNY4800/ton ($645/ton without VAT) and CNY6140/ton ($826/ton without VAT), respectively both up CNY100/ton ($16/ton) from September.
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