ExxonMobil settles April PX ACP at $1,585/tonne – sources
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
The March PX ACP was fully settled at $1,650/tonne CFR Asia.
($1 = €0.75)
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.
| ICIS news FREE TRIAL |
| 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 |
Related Articles
- 20 Apr 12 07:46 Japan's Idemitsu Kosan seeks $65/tonne hike for May PX ACP
- 29 Mar 12 03:39 Asia benzene, toluene fall; deep-sea MX/PX arrive despite closed arb
- 10 Apr 12 11:08 S Korea's GS Caltex aims PX plant expansion to 2.35m tonne/year
- 05 Apr 12 22:58 US April MX contract falls by 10 cents/lb
- 02 Apr 12 23:00 AFPM ’12: US PX April contract projected lower
- 02 Apr 12 04:18 Major settlement for April PX ACP reached at $1,585/tonne
- 02 Apr 12 00:40 AFPM '12: Asia polyester wave prompts Latin America protectionism
- 30 Mar 12 10:50 China's Shenghong Group to start up 1.5m t/y PTA unit in Q3 2013
- 30 Mar 12 06:51 JX Nippon Oil, Idemitsu Kosan drop Apr PX ACP nomination by $20
Latest News
- 19 Jun 13 16:53 INSIGHT: Polyolefins producers scrabble for answers
- 19 Jun 13 16:43 Europe naphtha trades stall on high prices, crack hits -$10/bbl
- 19 Jun 13 16:39 Polish industrial output down 1.8% year on year in May
- 19 Jun 13 16:30 Canada's Methanex settles Europe Q3 methanol EPCP at a rollover
- 19 Jun 13 16:14 Qatar’s Tasweeq awards its August Al Shaheen tender