Japan’s JX Nippon Oil nominates February PX ACP at $1,630/tonne

20 January 2012 08:39  [Source: ICIS news]

SINGAPORE (ICIS)--JX Nippon Oil & Energy nominated its February paraxylene (PX) Asian Contract Price (ACP) at $1,630/tonne (€1,255/tonne) CFR (cost and freight) Asia, customers of the Japanese aromatics major said on Friday.

The January PX ACP was partially settled at $1,445/tonne CFR Asia.

No nomination for February PX ACP was heard from ExxonMobil and Idemitsu Kosan as of 16.15 hours Singapore time (08:16 GMT).

($1 = €0.77)

By: Bohan Loh
+65 6780 4359

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