S. Korea's SKGC nominates Nov PX contract to Asia
by ChemOrbis Editorial Team - content@chemorbis.com
Market sources reported that South Korea’s SK Global Chemical (SKGC) nominated its new PX contract price for November at $1150/ton CFR, down heftily by $200/ton from its previous nomination in October.
In November, discussions for the PX contract price ended without a major settlement for the second month in a row. The last major settlement was agreed in September at $1340/ton.
Spot PX prices in Asia were last reported at around $990/ton FOB Korea, down by approximately $195/ton from the beginning of November.
In November, discussions for the PX contract price ended without a major settlement for the second month in a row. The last major settlement was agreed in September at $1340/ton.
Spot PX prices in Asia were last reported at around $990/ton FOB Korea, down by approximately $195/ton from the beginning of November.
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