Japan's JXTG Nippon Oil and Energy nominated its March paraxylene Asia Contract Price for the month of March 2018. The price nominated is around USD 1,030/mt CFR Asia.
The nomination is $60/mt higher in compared to a major settlement of $970/mt CFR Asia in February.
The other five major suppliers of PA in Asia are Japanese companies JXTG Nippon Oil and Energy and Idemitsu Kosan, ExxonMobil, and South Korean companies S-Oil and SK Global Chemical.
