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ExxonMobil, Idemitsu nominate August PX contract in Asia

by ChemOrbis Editorial Team -
  • 28/07/2015 (10:28)
According to market sources, ExxonMobil and Japan’s Idemitsu both nominated their August PX contract to Asia at $900/ton CFR. Exxon’s nomination was down $90/ton from July while Idemitsu’s nomination was down by $25/ton.

The last major settlement for the Asian PX contract was concluded in May at $925/ton CFR.

In Asia, spot PX prices currently stand at around $840/ton FOB South Korea, down $15/ton from last week.
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