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China’s Sinopec settles October PX contracts

by ChemOrbis Editorial Team -
  • 24/10/2017 (23:58)
Market sources report that China’s Sinopec settled its October PX contracts at CNY6760/ton, which corresponds to about $857/ton with the recent parity when excluding VAT.

The company’s new PX settlement implies a monthly increase of CNY210/ton ($32/ton) from its September settlement.
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