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Japan’s JX and S Korea’s SK announce March PX contracts to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 22/02/2017 (15:15)
Market sources report that South Korea’s SK Global Chemical and Japan’s JX Nippon nominated their March PX contracts to Asia with increases. SKGC and JX Nippon respectively nominated their March PX contracts at $970/ton CFR Asia, up $70/ton and at $980/ton, up $80/ton from February settlements.

Nominations from Japan’s Idemitsu Kosan, ExxonMobil and South Korea’s S-Oil are yet to be revealed.

In Asia, spot PX prices, meanwhile, are currently reported at around $900/ton FOB Korea, up $5 from a week earlier.
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