Japan's JX Nippon Oil seeks rollover for April PX ACP

22 March 2012 08:04  [Source: ICIS news]

SINGAPORE (ICIS)--Japan’s JX Nippon Oil & Energy is seeking a rollover for the April paraxylene (PX) Asian Contract Price (ACP) at $1,650/tonne (€1,254/tonne), a company source said on Thursday.

The March PX ACP was fully settled at $1,650/tonne CFR (cost & freight) Asia.

Nominations will remain valid until 30 March, 18:00 hours Tokyo time (09:00 GMT), he said.

Other PX suppliers, ExxonMobil, S-Oil and Idemitsu Kosan, had yet to nominate their April PX contract prices as of 15:30 hours Singapore time.

($1 = €0.76)


By: Bohan Loh
+65 6780 4359



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