16 May 2011 00:00 [Source: ICB]
ICIS enhances xylenes reports
The premium/discount assessment for spot PX trades executed on the 50% Asia Contract Price (+50% spot average of published CFR (cost & freight) Taiwan/China Main Port prices) is being launched. This assessment will enhance transparency for this formula, which has grown popular among market players because of high levels of volatility. The assessment is available in ICIS daily xylenes report and the weekly para/ortho xylenes report.
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