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Intermediates contracts settled
11:38 AM MDT | September 3, 2013 | Lindsay Frost
The last of the August contract settlements among intermediates fell into place as the month expired. Late-settling US para-xylene (pX) was agreed at an increase of 2.5 cts/lb, while spot pX rose $90/m.t., sources say. Both ethylene glycol and acrylonitrile in North America rose 2 cts/lb for August contracts. Spot acrylonitrile rode along for a gain of $100/m.t. according to market watchers. In Europe, there were also gains all around. Ethylene glycol (EG) added €43/m.t. while acrylonitrile gained €35/m.t. for August contracts, players report. Spot EG...
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