Trade Resources Company News Sinopec Raised Its Ex-Works Price of Orthoxylene in East China by 1.8% Effective Tuesday

Sinopec Raised Its Ex-Works Price of Orthoxylene in East China by 1.8% Effective Tuesday

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.

Source: http://news.chemnet.com/Chemical-News/detail-1779720.html
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Sinopec Raises East China Ox Ex-Works Price by 1.8% to Yuan 11, 100/Mt
Topics: Metallurgy , Chemicals