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South Korea’s SK Global nominates November PX contract

by ChemOrbis Editorial Team -
  • 26/10/2015 (10:58)
According to market sources, South Korea’s SK Global Chemical announced its November PX contract to Asia with an increase of $20/ton from October at $810/ton CFR.

In Asia, PX contract negotiations did not reach a major settlement in October; however, ExxonMobil settled an October PX contract at $795/ton CFR with PTA producers including China’s Yisheng Petrochemical and Japan’s Mitsubishi Chemical. The last major settlement in Asia was in May at $925/ton CFR.
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