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No major PX settlement agreed in Asia for December

by ChemOrbis Editorial Team -
  • 01/12/2015 (14:34)
Buyers and sellers have failed to agree on a PX settlement for December once again in Asia, according to market sources. Although offers fell as low as $790/ton CFR, the parties could not agree on a settlement as bids remained at around $750/ton.

Following a long period without a major settlement, the PX contract for November was settled at $780/ton CFR. Prior to November, the last major settlement took place in May.
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