05 Jan 2010 | 07:13 UTC — New York

Backfill of average of Asian PX contract price

Platts has backfilled the average of PX contract price settlements for the following months:

June 2009: $1003/mt July 2009: $960/mt October 2009: $840/mt

The code used on oracle is "AAOTT00u"

The June settlement price takes into account the average of ExxonMobil's settlement at $990/mt CFR Asia, Nippon Oil's settlement at $1,010/mt CFR Asia and Idemitsu Kosan's settlement at $1,010/mt CFR Asia.

The October settlement price takes into account only ExxonMobil's settlement.

Nippon Oil and Idemitsu did not reach a settlement price in October.

For questions or comments, please Quintella Koh at quintella_koh@platts.com and SokPeng Chua at sok_peng_chua@platts.com.