IHS Chemical Week

Intermediates Prices Fall in October

7:41 AM MDT | October 27, 2011 | Lindsey Bewley

With a late month flurry, isomer xylenes traders say they concluded October business just in time to begin November discussions. The U.S. para-xylene contract was settled lower by 2.5 cts/lb, a disappointment to sellers who had nominated increases of that much and more. U.S. ortho-xylene October was agreed lower by just half a penny, but producers immediately nominated a November increase of 5 cts/lb. In Europe, the pX contract had been settled higher by $20/m.t. several days before the U.S. deal, adding to unfulfilled expectations by sellers in the U.S...

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