China’s Sinopec settles its November PTA contract
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, China’s Sinopec settled its November PTA contract at CNY5,000/tons, CNY100/tons ($15/ton) higher from October, which comes to around $617/ton without VAT when calculated with the recent exchange rate of 6.92.
The October PTA settlement was at CNY4900/ton.
The October PTA settlement was at CNY4900/ton.
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