in this issue
Fiber Intermediates Climb Higher
12:25 PM MDT | March 31, 2011 | Lindsey Bewley
Fiber intermediates were mostly higher, but both buyers and sellers were getting a better grasp of the lost production due to the Japanese natural disasters, and there was less panic buying as had been seen in the first half of the month. U.S. para-xylene was actually off by $40/m.t. as consumers re-evaluated their situation. Buyers of ortho-xylene, however, snapped up the last few pounds of discount material, driving bids up by 3 cts/lb. European pX was also lower, with sellers slashing offers by $100/m.t. but buyers only reducing bids by $60/m.t. European oX...
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