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ExxonMobil nominates March PX contract to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 25/02/2016 (10:05)
According to market sources, ExxonMobil Chemical nominated its March PX contract to Asia with an increase of $70/ton from February at $780/ton CFR.

Previously, South Korea’s SK Global Chemical and Japan’s JX Nippon Oil & Energy and Idemitsu also nominated their March PX contracts to Asia at $780/ton CFR while South Korea’s S-Oil announced its new contract at $770/ton CFR Asia.

In Asia, spot PX prices are now reported at around $725/ton FOB Korea, up approximately $20/ton from a week earlier.
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