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November PX contracts nominated in Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/10/2014 (11:47)
Three producers have nominated their November PX contracts in Asia with decreases from October, according to market sources. A global producer announced their new November PX contract at $1120/ton CFR Asia, down $90/ton from their October settlement while a South Korean producer nominated their November PX contract with a decrease of $95/ton at $1115/ton CFR.

Meanwhile, a Japanese producer nominated their November PX contract with a decrease of $110/ton from October at $1100/ton CFR.

In Asia, spot PX prices have decreased around $5-10/ton week over week to be currently quoted at around $1050/ton on an FOB Korea basis.
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