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Intermediates Prices Show Little Movement
11:12 AM MST | February 29, 2012 | Lindsey Bewley
Reverting to form as the last isomer contract to be settled, U.S. para-xylene February was agreed at an increase of 7 cts/lb, players say. Spot material was reported higher by $15/m.t. in the U.S. and $10/m.t. in Europe. Little other intermdiates business could be confirmed as major commodity petrochemical settlements had not been concluded. One exception was European ethylene glycol, which was agreed higher by €41/m.t. for February. Spot material gained €50/m.t. in Europe and 4 cts/lb in North...
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