Economics :: Prices
Isomer Xylenes May Spring Back from Fall
10:07 AM MDT | October 3, 2007 | Gregory Dl Morris
Despite recent declines in both para- and ortho-xylene prices, the mid- and long-term outlook for the fiber intermediates market is firmer, market sources say. P-xylene shed 4 cts/lb, to 52 cts/lb for the September contract on the U.S. Gulf Coast, and o-xylene dipped 3.5 cts/lb, to 45.5 cts/lb. Earlier in the month, European p-xylene contract prices were settled for September at €792/m.t., down €68/m.t., and o-xylene contracts were agreed to at €790/m.t., off €73/m.t. The September declines have been the result of major de-stocking by Asian...
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