05 May 2010 16:39 [Source: ICIS news]
LONDON (ICIS news)--An initial European May orthoxylene (OX) contract has been settled at €845/tonne ($1,097/tonne), up €35/tonne from April, a producer said on Thursday.
“I can confirm €845/tonne. The increase was more or less driven by supply and demand and the general chain,” the producer said.
The settlement was agreed on a free delivered (FD) northwest Europe (NWE) basis.
Further confirmation from other market players was pending.
($1 = €0.77)
For more on orthoxylene visit ICIS chemical intelligence
Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections