South Korea’s S-Oil and ExxonMobil nominate July PX contracts
According to market sources, South Korea’s S-Oil and ExxonMobil nominated their July PX contracts to Asia. S-Oil announced its new nomination at $840/ton CFR, up $60/ton from its June nomination while ExxonMobil’s new nomination stood at $850/ton CFR, up $70/ton from June.
No major PX settlement agreed in Asia for June.