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China’s Sinopec settles PX contract for March

by ChemOrbis Editorial Team -
  • 23/03/2015 (13:31)
According to market sources, China’s Sinopec has settled its March PX contract. The producer’s new settlement stands at CNY6250/ton ($874/ton without VAT), up CNY550/ton ($90/ton) from February.

In Asia, spot paraxylene prices decreased $45-50/ton week over week to be currently reported at around $790-795/ton on an FOB Korea basis.
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