Three Asia PX majors settle September ACP up by $85/tonne

31 August 2012 13:10  [Source: ICIS news]

SINGAPORE (ICIS)--Three Asian paraxylene (PX) majors have settled their September Asian Contract Price (ACP) at $1,450/tonne (€1,160/tonne), up by $85/tonne from the previous month’s settlement.

South Korea’s S-Oil, Japan’s JX Nippon Oil & Energy, as well as Japan’s Idemitsu Kosan have concluded negotiations with their respective customers in Taiwan, Japan and China at $1,450/tonne CFR (cost and freight) Asia, sources from three companies and their customers confirmed.

The August ACP was settled at $1,365/tonne CFR Asia.

There was no settlement from aromatics major ExxonMobil at 19:30 Singapore time (11:30 GMT).


By: Yu Guo
+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

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