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China’s Sinopec settles PX contracts for February

by ChemOrbis Editorial Team - content@chemorbis.com
  • 25/02/2015 (14:19)
According to market sources, China’s Sinopec has settled their PX contracts for February. The producer’s new PX contract stands at CNY5700/ton ($793/ton without VAT), up CNY100/ton ($16/ton) from January.

In Asia, spot paraxylene prices on FOB South Korea basis decreased $10-15/ton week over week to be currently reported at around $845-850/ton.
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