South Korea’s S-Oil seeking roll-over for its Apr PX ACP
23 March 2012 02:36 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>South Korea’s S-Oil is seeking a roll-over for its April paraxylene (PX) Asian Contract Price (ACP) at $1,650/tonne (1,254/tonne), a company source said on Friday.
The nomination is on a CFR (cost and freight) Asia basis. The March PX ACP was fully settled at $1,650/tonne CFR Asia.
JX Nippon Oil & Energy had also nominated its April PX ACP at $1,650/tonne CFR Asia on 22 March.
No nominations have been heard from Idemitsu Kosan and ExxonMobil so far.
($1 = €0.76)By: Bohan Loh+65 6780 4359
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.