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Two PX producers announce October nominations to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/09/2016 (16:44)
According to market sources, Japan’s JX Nippon Oil & Energy and South Korea’s S-OIL announced their October PX nominations to Asia. Both JX Nippon and S-OIL have nominated their contracts at $840/ton CFR, with increases of $40/ton and $25/ton from their September levels respectively.

South Korea’s SK Global Chemical also nominated its October PX contract to Asia at $840/ton with the same terms.

In Asia, spot PX prices are currently reported at around $765-770/ton FOB Korea, stable to $5/ton lower from a week earlier.
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