03 April 2012 05:58 [Source: ICIS news]
SINGAPORE (ICIS)--ExxonMobil came to an agreement on its April paraxylene (PX) Asian Contract Price (ACP) at $1,585/tonne (€1,189/tonne) with at least three of its customers late on Monday, according to market sources.
The US-based aromatics giant is the fourth ACP-linked producer to settle the benchmark contract price following earlier settlements by JX Nippon Oil & Energy, Idemitsu Kosan and ?xml:namespace>
The March PX ACP was fully settled at $1,650/tonne CFR Asia.
($1 = €0.75)
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