Asian PX producers nominate Jan ACP up at $1,650-1,690/tonne

26 December 2012 07:06  [Source: ICIS news]

SINGAPORE (ICIS)--Major Asian paraxylene (PX) producers have nominated their January Asian Contract Price (ACP) at $1,650/tonne (€1,254/tonne), $1,670/tonne and $1,690/tonne, which is $100-140/tonne higher than December ACP settlement.

A Japanese PX producer, Idemitsu Kosan and Nippon Energy nominated their ACP at $1,650/tonne CFR (cost & freight) Asia, market sources said.

The South Korean PX producer S-Oil nominated ACP at $1,670/tonne CFR Asia, end-users said

ExxonMobil announced its January PX ACP nomination at $1,690/tonne CFR Asia, according to its customers.

($1 = €0.76)

By: Samuel Wong

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