More producers nominate Jan PX contracts to Asia
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, South Korea’s SK Global Chemical, S-Oil and Japan’s Idemitsu Kosan announced their January PX contracts to Asia with increases. Accordingly, Japan’s Idemitsu Kosan nominated its January PX contract at $970/ton CFR Asia, while SK Global Chemical and S-Oil announced their new prices at $960/ton.
Previously, ExxonMobil and JX Nippon nominated their January PX contracts respectively at $970/ton CFR Asia and $980/ton. These levels indicated increases of $60-70/ton from the December settlement.
Previously, ExxonMobil and JX Nippon nominated their January PX contracts respectively at $970/ton CFR Asia and $980/ton. These levels indicated increases of $60-70/ton from the December settlement.
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