Paraxylene manufacturers Asia prices
Major paraxylene manufacturers in Asia nominated February contract prices
MOSCOW- Three major paraxylene producers in the Asian region – South Korean S-Oil, Japanese Idemitsu Kosan and American ExxonMobil – voiced their contract prices for February deliveries of paraxylene in the range of USD1 150-1 160 per ton, sources told ICIS on Wednesday of the market. Paraxylene manufacturers Asia prices
In particular, S-Oil nominated its February contract price for the material at the level of USD1,150 per tonne, CFR Asia.
And ExxonMobil and Idemitsu Kosan announced their paraxylene contract price for February at USD1,160 per ton, CFR Asia.
Earlier, two other major material manufacturers in Asia – Japanese JXTG Nippon Oil & Energy and South Korean SK Global Chemical – announced their contract prices at USD1 150-1 180 per ton, CFR Asia.
Para-xylene is one of the main raw materials for the production of polyethylene terephthalate (PET).
According to the ICIS-MRC price review , the spot prices of Russian PET producers at the end of January remain in the range of 99,000-104,000 rubles. per ton, CPT Moscow, including VAT.
Author: Margarita Volkova