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.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PET bottle prices rangebound at more-than-a year low in Europe; Feb signals firming
- PP, PE players in China, SE Asia discuss post-CNY outlook
- Asian ABS markets face renewed drops as weak demand persists into Jan
- China’s PE markets on soft note amid weaker demand, falling futures
- Global PP and PE sellers approach Türkiye with hikes for January
- European PP and PE markets start 2025 on a stable to slightly firmer note
- Global spot styrene markets open 2025 on divergent paths
- New year opens with mixed trends in China’s PVC markets
- China delays major PP, PE startups as expansion plans hit roadblocks
- Stats: Türkiye’s total PP and PE imports down year-on-year in January-November