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

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index