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China’s Sinopec settles PX, MEG, PTA contracts for April

by ChemOrbis Editorial Team -
  • 23/04/2015 (16:33)
China’s Sinopec was reported to have settled its contract prices for PX, MEG and PTA for the month of April. The PX contract is reported at CNY6850/ton ($961/ton without VAT) ex-warehouse, representing an increase of CNY600/ton ($99/ton) from March.

The April MEG contract was settled at CNY7400/ton ($1039/ton without VAT) ex-warehouse, with an increase of CNY900/ton ($148/ton) from the previous month.

The April contract for PTA was settled at CNY5250/ton ($737/ton without VAT) ex-warehouse. The settlement was up CNY450/ton ($74/ton) from March.
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