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China’s Sinopec settles PX, PTA contracts for December

by ChemOrbis Editorial Team -
  • 23/12/2014 (11:35)
According to market sources, China’s Sinopec has settled their PX and PTA contracts for December. The producer’s new PX contract stands at CNY6300/ton ($879/ton without VAT), down CNY1200/ton ($196/ton) from November.

Meanwhile, the producer also settled their December PTA contract. Their new PTA contract stands at CNY5200/ton ($725/ton without VAT), down CNY675/ton ($110/ton) from its November settlement.
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