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Markets :: Basic Chemicals :: Petrochemicals :: Para-xylene

Para-xylene

8:54 AM MDT | April 3, 2009

Prices U.S.: 40.5 cts/lb March contract; $770-$790 m.t./fob, spot EUROPE: €695 m.t./del, March contract; $770-$780 m.t./fob, spot ASIA: $855/m.t. cost & freight, China Outlook Global para -xylene demand was about 30 million m.t. in 2008 and is forecast to grow 6.9%/year to about 44.7 million m.t. through 2015, says Gillian Tweddle, business manager/synthetic fibers and polyester at Tecnon Orbichem (London). Global capacity was about 32 million m.t. in 2008 and is expected to grow by about 6.5%/year to 44.5 million m.t., by 2015, Tecnon Orbichem says...

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