China’s Sinopec settles October PX contracts
by ChemOrbis Editorial Team - content@chemorbis.com
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.
The company’s new PX settlement implies a monthly increase of CNY210/ton ($32/ton) from its September settlement.
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