NewsFlashJuly US mixed xylenes settle higher

08 July 2008 20:37  [Source: ICIS news]

HOUSTON (ICIS news)--July US mixed xylene (MX) contracts were fully settled at $4.02/gal ($1,206/tonne, €772/tonne) and $4.10/gal, a gain of 28-29 cents from May contracts, sources said on Tuesday.

The free on board (FOB) settlements, which were said to have taken place last week, were driven up by higher energy prices in June, according to aromatics traders.

Major US xylene producers include BP, Flint Hills Resources and Chevron Phillips.

($1 = €0.64)

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By: Brian Balboa
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