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Two PX producers cut June contract nominations to Asia

by ChemOrbis Editorial Team -
  • 31/05/2016 (11:54)
According to market sources, Japan’s JX Nippon Oil & Energy and ExxonMobil cut their June PX contract nominations to Asia. Both producers lowered their initial contract announcements by $50/ton to $790/ton CFR.

In Asia, no major PX settlement was reached in May. In April, meanwhile, PX contracts were agreed at $795/ton CFR.
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