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South Korea’s SK Global nominates September PX contract

by ChemOrbis Editorial Team -
  • 28/08/2015 (11:26)
According to market sources, South Korea’s SK Global Chemical has announced its PX contract for September at $770/ton CFR, down $90/ton the company’s August nomination.

In August, SK Global Chemical had nominated its contract at $860/ton CFR, down $20/ton from its initial nomination for the month, however the company later dropped out of the August PX contract negotiations due to market volatility.

The last major settlement for the Asian PX contract was concluded at $925/ton in May.
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