02 April 2009 04:06 [Source: ICIS news]
SINGAPORE (ICIS news)--Sinopec has proposed selling its paraxylene (PX) for April delivery within China yuan (CNY)400/tonne ($58.6/tonne) higher than the previous month due to firm demand, a company source said on Thursday.
The source said the Sinopec contract price (SPCP) for April was CNY7,000/tonne delivered (?xml:namespace>
“Demand has been strong so far, and our downstream customers had been enquiring for products almost daily,” said the source.
Sinopec is the biggest supplier of PX to the
($1 = CNY6.83)
Kino Zhu of CBI China has contributed to this article.
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