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Initial October PX contract settles in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/10/2017 (14:11)
According to market sources, an initial PX contract has been settled in Europe at €745/ton FD NWE ($878/ton), up €5-15/ton ($6-18/ton) from September’s split settlement of €730-740/ton.

Spot PX prices were last reported at $795/ton FOB NWE in Europe, down $25/ton from a week earlier.

Despite the higher settlement in the PX contract, the trend has already turned stable to soft in the downstream PET market across Europe.
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