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November PX contracts settle in Asia

by ChemOrbis Editorial Team -
  • 31/10/2016 (18:05)
Market sources reported that two Asian PX sellers and two buyers reached a major settlement for the November contract. Accordingly, Japan’s JX Nippon Oil and Energy, ExxonMobil, Japan’s Mitsubishi Chemical and China’s Yisheng Petrochemical settled their November PX contracts at $795/ton CFR with an increase of $15/ton month over month.

The last major settlement had been reached in October at $780/ton CFR.
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