JX Nippon, SKGC nominate Nov PX contracts
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, Japan’s JX Nippon Oil & Energy and South Korea’s SK Global Chemical became the first producers out of five PX sellers to announce their PX contracts for November in Asia.
Japan’s JX Nippon Oil & Energy announced its new contract at $910/ton CFR while SK Global Chemical’s new nomination stands at $950/ton CFR.
There were no nominations and settlements made in October. The initial nominations for November, therefore, imply increases when compared to the major settlement of September at $820/ton.
Idemitsu Kosan, ExxonMobil and South Korea’s S-Oil are yet to nominate their November PX contracts in Asia.
Japan’s JX Nippon Oil & Energy announced its new contract at $910/ton CFR while SK Global Chemical’s new nomination stands at $950/ton CFR.
There were no nominations and settlements made in October. The initial nominations for November, therefore, imply increases when compared to the major settlement of September at $820/ton.
Idemitsu Kosan, ExxonMobil and South Korea’s S-Oil are yet to nominate their November PX contracts in Asia.
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