November PX contracts settle in Asia
by ChemOrbis Editorial Team - content@chemorbis.com
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.
The last major settlement had been reached in October at $780/ton CFR.
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