p align="left">CFR Asia, down $120, or 11.3%, from May. Separately, Sinopec nominated its June CP at Yuan 7,600/mt ($933/mt on an import-parity basis), down Yuan 800, or 9.5%, from May. Tuesday, two Asia-origin parcels for July arrival were heard at $915/mt CFR, and another deal was heard at $925/mt CFR Thursday. In market news, Taiwan's CPC issued a buy tender for 5,000 mt of H1-July arrival PX on a floating formula. The tender will expire on June 9. Thailand's PTTAR also awarded its sell tender for 5,000 mt of July loading PX at a $16-20/mt discount to a 50% ACP/50% spot price formula.
Isomer-MX: Up $5 to close at $802/mt FOB Korea and $910/mt CFR Taiwan. There were no participants on the MOC, but offscreen, two offers were heard, at $820/mt FOB Korea and CFR Taiwan. Post-MOC, a bid was heard at $800/mt FOB and it was said that negotiations were underway at around $810-820/mt FOB. Earlier in the day, a bonded warehouse cargo ex-Zhangjiagang was said to be offering at $820/mt, negotiable to $810/mt
