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)
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