IHS Chemical Week

Fiber Intermediates Relatively Quiet

8:55 AM MST | November 24, 2010 | Lindsey Bewley

Fiber intermediates were relatively quiet over the second half of November, after a busy beginning to the month, players say. The notable exception this week was para-xylene, which saw U.S. contract prices settled for November at a robust increase of 9.5 cts/lb, sellers report. There was some resonance with spot markets, where U.S. prices were said to gain $100/m.t. and European levels rose $180/m.t. Market watchers say ethylene glycol and acrylonitrile business was quiet as earlier gains were...

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