22 November 2010 03:30 [Source: ICIS news]
SINGAPORE (ICIS)--ExxonMobil has nominated a $130/tonne (€95/tonne) increase for the December paraxylene (PX) Asia Contract Price (ACP), customers of the aromatics major said on Monday.
“ExxonMobil proposed a December ACP of $1,350/tonne CFR Asia,” said one ?xml:namespace>
JX Nippon Oil and Energy had nominated a December ACP of $1,320/tonne CFR Asia on 19 November – a $100/tonne increase from the November ACP of $1,220/tonne CFR Asia.
Rival Japan-based producer, Idemitsu Kosan, has yet to propose a December ACP.
($1 = €0.73)
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