Major Asia PX makers nominate November ACP at $1,470/tonne

25 October 2013 07:04  [Source: ICIS news]

SINGAPORE (ICIS)--Three major paraxylene (PX) producers in Asia have nominated their Asian Contract Price (ACP) for November at $1,470/tonne (€1,058/tonne), unchanged from the October settlement price, industry sources said on Friday.

South Korea’s S-Oil announced its price nomination on a cost-and-freight (CFR) Asia basis to customers on Friday, a day after Japanese producers Idemitsu Kosan and JX Nippon Oil & Energy made their respective offers, industry sources said.

($1 = €0.72)

By: Samuel Wong

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