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Japanese Nippon announces Sept PX contract price in Asia

by ChemOrbis Editorial Team -
  • 28/08/2017 (04:28)
Market sources reported that September PX contracts started to be nominated in Asia. Accordingly, Japan’s Nippon Oil announced its new contract price at $880/ton CFR Asia, up $70/ton from the August settlement.

There are 4 more producers that will announce their contract prices for September including ExxonMobil, Japan’s Idemitsu Kosan, South Korea’s S-Oil and SK Global.

Spot PX prices edged up week over week to be last reported at around $810/ton FOB Korea, meanwhile.
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