Japan’s Idemitsu Kosan nominates December PX ACP at $1,600/tonne

26 November 2012 07:56  [Source: ICIS news]

SINGAPORE (ICIS)-Japan’s Idemitsu Kosan has nominated its December paraxylene (PX) Asian Contract Price (ACP) at $1,600/tonne (€1,232/tonne), down by $50/tonne from November, a company source said on Monday.

Its November PX ACP was $1,650/tonne CFR (cost and freight) Asia.

Another Japanese producer, JX Nippon Oil & Energy, had nominated its December PX ACP at $1,590/tonne CFR Asia earlier on.

($1 = €0.77)

By: Yu Guo
+65 6780 4359

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