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S. Korea’s SKGC, ExxonMobil announce Jan PX contracts to Asia

by ChemOrbis Editorial Team -
  • 30/12/2015 (11:25)
Market sources report that ExxonMobil and South Korea’s SK Global Chemical have nominated their January PX contracts to Asia. ExxonMobil announced its contract price at $800/ton CFR while SKGC nominated its contract at $790/ton CFR, both steady from their December nominations.

Previously, Japan’s Idemitsu had announced its January PX contract price at $790/ton CFR while Japan’s JX Nippon Oil and Energy announced at $800/ton with the same terms.

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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