IHS Chemical Week


Intermediates Markets Pick Up Trading

2:47 PM MDT | October 14, 2010 | Lindsey Bewley

After several months of smooth and timely contract settlements, intermediates markets are back to their checkerboard pattern, traders say. Acrylonitrile prices were agreed through Steptember, but no final number was reported for October. Both buyers and sellers say that will be their last chance to gain any ground for the year. European para-xylene was settled for October at a decrease of $5/m.t. while October ortho- was rolled for the second month in a row. On the spot side of the market, European pX fell back $25/m.t. to near parity with U.S. markets. European...

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