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ExxonMobil, SK Global nominate February PX contracts to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 29/01/2016 (11:31)
Market sources report that ExxonMobil Chemical nominated its February PX contract to Asia with a decrease of $10/ton from January at $740/ton CFR.

Meanwhile, South Korea’s SK Global Chemical also lowered its February PX contract by $30/ton from its initial nomination to $720/ton CFR.

Previously, Japan’s JX Nippon Oil & Energy, Idemitsu Kosan and South Korea’s S-Oil announced their February PX contracts to Asia at $750/ton CFR.

In Asia, spot PX prices are currently reported at around $695/ton FOB Korea, up approximately $25/ton from a week earlier.
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