PetroChina cut its ex-works offer for isomer-grade mixed xylenes in South China by Yuan 100/mt, or 1.1%, to Yuan 8,900/mt effective Wednesday, market sources said Thursday.
The revised price is equivalent to $1,203/mt on an import parity basis.
The company last adjusted its offer on November 27, raising it to Yuan 9,000/mt from Yuan 8,900/mt.
PetroChina sells isomer-MX in South China through subsidiary Guangxi Petrochemical.
Source:
http://news.chemnet.com/Chemical-News/detail-2204968.html