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Japan’s JX Nippon announces September PX contract

by ChemOrbis Editorial Team -
  • 24/08/2015 (17:48)
According to market sources, Japan’s JX Nippon Oil and Energy announced its September PX contract to Asia. The producer’s new nomination stands at $810/ton CFR, down $50/ton from its August nomination. The last major PX settlement was reached at $925/ton CFR in May.

In Asia, spot PX prices declined about $40/ton on the week to be currently reported at around $760/ton on an FOB South Korea basis.
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