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Fiber Intermediates Post Mixed Results for December
8:26 AM MST | December 8, 2010 | Lindsey Bewley
Fiber intermediates saw scattered but substantial gains over the first half of December, market watchers say. European players settled December conracts for para-xylene higher by €102/m.t. and ortho-xylene higher by €50/m.t. Spot para- bucked the trend by declining a token $15/m.t., but that was said to be atypical of overall demand. Meanwhile, ethylene glycol producers took advantage of a sharp late autumn cold spell in North America to secure a 5 cts/lb increase in the December contract, and a 4 cts/lb rise in spot volumes, players...
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