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More March PX contracts announced to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/02/2017 (16:06)
Market sources report that South Korea’s S-Oil and Japan’s Idemitsu Kosan nominated their March PX contracts to Asia with increases. S-Oil and Idemitsu Kosan respectively nominated their March PX contracts at $960/ton CFR Asia, up $60/ton and at $980/ton, up $80/ton from February settlements.

Early this week, South Korea’s SKGC and Japan’s JX Nippon had nominated their PX contracts to Asia at $970/ton and $980/ton respectively.

In Asia, spot PX prices, meanwhile, are currently reported at around $890/ton FOB Korea, up $15 from a week earlier.
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