IHS Chemical Week

Intermediates Prices Strong

11:35 AM MDT | August 31, 2012 | Lindsay Frost

Intermediates markets were reported to be strong and active over the second half of August, in contrast to larger primary petrochemcial markets. Isomer xylenes saw the last of the August contracts agreed, with ortho-xylene (o-xylene) in Europe done higher by €45 ($56.60)/m.t. Spot markets for o-xylene held steady, but para-xylene sellers saw good gains, with North American material rising $70/m.t. and European business higher by $100/m.t. Ethylene glycol (EG) also reported some gains, with August contracts being settled in North America with an...

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