IHS Chemical Week


Fiber Intermediates Market Quiet

1:11 PM MDT | September 1, 2010 | Lindsey Bewley

Spot markets were quiet on both sides of the Atlantic in fiber intermediates markets as attention was focused on contract negotiations. The only meaningful spot move reported was a $50/m.t. rise in the price of European para-xylene. That hike ran counter to the contract settlement, which was agreed lower by €40/m.t. August pX in the U.S. was agreed higher by a penny and a half. August ortho-xylene in Europe was also agreed lower, down €30/m.t. On the U.S. European ethylene glycol was settled for August at a decrease of €25/m.t. Bucking...

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