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JX Nippon, SKGC nominate Nov PX contracts

by ChemOrbis Editorial Team -
  • 26/10/2017 (23:59)
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.
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