PetroChina cut its ex-works offer for isomer-grade mixed xylenes in South China by a further Yuan 100/mt, or 1%, to Yuan 9,500/mt Tuesday, market sources said Wednesday.
The revised price equates to $1,281/mt on an import parity basis.
The company had also adjusted its offer on Monday, lowering it to Yuan 9,600/mt from its earlier price of Yuan 9,800/mt set on Sunday.
PetroChina sells isomer-MX in South China via its subsidiary Guangxi Petrochemical.
Source: platts.com
