IHS Chemical Week

Mixed intermediates price reports

9:50 AM MDT | May 28, 2013 | Lindsay Frost

Three of the four isomer contracts have been settled, but the US para-xylene (p-xylene) contract lagged the field as usual. US ortho-xylene (o-xylene) was agreed higher by 2 cts/lb, while European o-xylene slipped €18/m.t. ($23). European p-xylene rolled from April. On spot markets, European p-xylene tumbled $100/m.t. after the contract roll. Market watchers say the consensus at the lower numbers became clear and buyers would not accept the higher spot ideas. European spot o-xylene dipped $20/m.t. There was also action in ethylene glycol markets. The...

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