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Intermediates yet to settle
11:14 AM MST | November 12, 2013 | Lindsay Frost
It is still early in the month for intermediates settlements, but the European ortho-xylene (o-xylene) contract, often the first to be concluded, was agreed lower by €35/m.t. ($47). Strength was reported in the US spot business, with o-xylene rising 4 cts/lb. In old business, the October contract for ethylene glycol was finally settled lower by €53/m.t. In response, spot business sank...
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