Initial Europe July orthoxylene rolls over at €820/tonne

05 July 2010 15:13  [Source: ICIS news]

LONDON (ICIS news)--An initial European July orthoxylene (OX) contract has been settled at €820/tonne ($1,025/tonne), a rollover from June, one producer said on Monday.

According to the producer involved, the European market was stable in terms of supply and demand fundamentals, and a rollover from the previous month had been largely expected.

The settlement was agreed on a free delivered (FD) northwest Europe (NWE) basis.

Further confirmation from other market players was pending

($1 = €0.80)

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By: Truong Mellor
+44 208 652 3214

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