Paraxylene producers Asia August prices - Arhive
Paraxylene producers Asia August
Paraxylene producers in Asia nominated August contract prices at USD640-690 per tonne
Several major Asian paraxylene producers have announced their material contract prices for August shipments at USD640-690 per tonne, market sources told ICIS .
Thus, South Korean SK Global Chemicals announced its contract price for paraxylene for August at USD640 per tonne, CFR Asia, while American ExxonMobil announced its price for material supplies next month at USD690 per tonne, CFR Asia.
At the same time, Reliance also nominated the February contract price of paraxylene at USD640 per tonne, CFR Asia. Paraxylene producers Asia August
This year, participants in the negotiation process to agree on contract prices for paraxylene in the region failed to reach an agreement 7 times amid uncertainty in the market situation and low prices.
Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate product for the production of polyethylene terephthalate (PET).
According to the ICIS-MRC Price Review , Russian factories did not revise their spot prices at the end of this month and ship material at RUB 68,000-72,000. a ton, CPT Moscow, VAT included. The influence of the Chinese market on the future cost of Russian material is insignificant and significant changes in contract prices are not expected in August.
mrcplast.ru
Author: Margarita Volkova