IHS Chemical Week

Intermediates Higher on Both Sides of Atlantic

10:07 AM MDT | May 13, 2010 | Lindsey Bewley

Fiber intermediates markets did not seem to be affected by the sloppiness upstream, traders say. Prices were reported higher across the board over the first half of May. U.S. para-xylene saw bids tighten by $10/m.t. European spot pX moved higher by $20/m.t. European contracts were reportedly settled for both para- and ortho-xylene, pX at an increase of  €  55/m.t. and oX higher by  €  30/m.t. market-watchers say. The U.S. oX contract for may was reported to have been concluded at an increae of a penny per...

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