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China’s Sinopec settles its PX contract for June

by ChemOrbis Editorial Team -
  • 24/06/2015 (13:10)
According to market sources, China’s Sinopec settled its PX contract for June with a rollover from May. The producer had settled its May contract at CNY6950/ton ($975/ton without VAT), up CNY100/ton ($16/ton) from April.

In Asia, spot PX prices remained mostly unchanged from a week earlier to be currently quoted at around $920/ton on an FOB South Korea basis.
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