Singapore (Platts)--20Dec2012/542 am EST/1042 GMT
China Petroleum and Chemical Corp., or Sinopec, raised its ex-works price of orthoxylene in East China by 1.8% effective Tuesday, industry sources said Thursday. Yangzi-BASF and Sinopec Zhenhai -- the company's subsidiaries in East China -- raised their ex-works OX price to Yuan 11,100/mt, up Yuan 200/mt, sources said. The offer is equivalent to $1,476/mt on an import parity basis. Sinopec last adjusted its ex-works price of OX in East China on December 10, increasing it by Yuan 400/mt to Yuan 10,900/mt.--Joycelyn Chua, joycelyn_chua@platts.com--Edited by Geetha Narayanasamy, geetha_narayanasamy@platts.com Request a free trial of: Asian Petrochemicalscan Asian Petrochemicalscan provides weekly market updates, commentary and assessments ranging from naphtha feedstocks to aromatics, olefins, and polymers in Southeast Asia, Korea, Taiwan and Japan.
China Petroleum and Chemical Corp., or Sinopec, raised its ex-works price of orthoxylene in East China by 1.8% effective Tuesday, industry sources said Thursday. Yangzi-BASF and Sinopec Zhenhai -- the company's subsidiaries in East China -- raised their ex-works OX price to Yuan 11,100/mt, up Yuan 200/mt, sources said. The offer is equivalent to $1,476/mt on an import parity basis. Sinopec last adjusted its ex-works price of OX in East China on December 10, increasing it by Yuan 400/mt to Yuan 10,900/mt.--Joycelyn Chua, joycelyn_chua@platts.com--Edited by Geetha Narayanasamy, geetha_narayanasamy@platts.com
Asian Petrochemicalscan provides weekly market updates, commentary and assessments ranging from naphtha feedstocks to aromatics, olefins, and polymers in Southeast Asia, Korea, Taiwan and Japan.
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