07 December 2010 16:22 [Source: ICIS news]
By Sheenal Khimasia
LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) for December strengthened by nearly 4% to 292.53 from its revised* November figure of 281.67, returning to May 2010 levels.
PX prices were boosted by double-digit percentage increases in all three regions, most notably in
Published at the beginning of each month, the IPEX provides an independent indicator of average change in world petrochemical prices.
Dating back to January 1993, historical
The November IPEX has been revised from 279.75 to 281.67, following incorporation of the
*As of July 2010, the index has been revised retrospectively to replace latest available contract prices at the time of publication that had previously been used in the data series with actual settled contract prices. This has had the effect of moving the derived IPEX index from an estimated status to an actual status.The revised historical IPEX data is available from ICIS on request
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