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Two producers nominate their February PX contracts to Asia

by ChemOrbis Editorial Team -
  • 26/01/2016 (10:31)
Market sources report that Japan’s Idemitsu and South Korea’s SK Global Chemical have nominated their February PX contracts to Asia. Both producers announced their new contracts at $750/ton CFR Asia, down $10/ton and $20/ton, respectively, from their January nominations.

In Asia, spot PX prices are now reported at around $690/ton FOB Korea, up approximately $30/ton from a week earlier.
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