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S. Korea’s S-Oil, ExxonMobil announce Dec PX contracts to Asia

by ChemOrbis Editorial Team -
  • 25/11/2015 (11:07)
Market sources report that South Korea’s S-Oil has nominated its December PX contract to Asia at $825/ton CFR, up $45/ton from its November settlement. ExxonMobil’s December PX nomination, meanwhile, is standing at $830/ton CFR, steady from its November announcement.

Previously, South Korea’s SK Global Chemical also nominated its December PX contract with an increase of $40/ton from November at $820/ton CFR Asia. A major settlement for the Asian PX contract was reached at $780/ton CFR in November, the first major settlement seen since May.
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