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ExxonMobil nominates Sept PX contract price in Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 31/08/2017 (11:41)
Market sources had earlier reported that four of five PX sellers in Asia announced their September PX nominations to Asia including Japanese companies JX Nippon, Idemitsu Kosan and South Korean companies SK Global and S-Oil.

Accordingly, ExxonMobil nominated its September PX contract at $910/ton CFR Asia, up $100/ton from the August settlement. Exxon’s hike request in its contract nomination exceeded the other four producers as they are seeking $70/ton increases.

Meanwhile, spot PX prices in Asia were last reported at around $815/ton, up $15/ton from a week earlier.
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