NewsFlashInitial Europe February PX settles up at €1,230/tonne
02 February 2011 11:43 [Source: ICIS news]
LONDON (ICIS)--An initial European February paraxylene (PX) contract has settled at €1,230/tonne ($1,708/tonne), a €110/tonne increase from the January contract price, a producer said on Wednesday.
The settlement was agreed on a free delivered (FD) northwest Europe (NWE) basis.
Further confirmation from other market players was pending.
($1 = €0.72)
By: Julia Meehan
+44 20 8652 3214
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 |
Related Articles
- 02 Feb 11 11:03 Europe February OX agreed at €900/tonne, up €25/tonne
- 01 Feb 11 17:00 IPEX continues ascent into February 2011
- 20 Jan 11 14:39 Europe PX spot prices move close to pre-crisis 2008 levels
- 14 Jan 11 15:06 Europe January PX settles up at €1,120/tonne on Asia prices, demand
Latest News
- 24 May 13 10:17 Caroline PET template
- 24 May 13 10:11 China’s Alpha Jiangyin Bitumen to resume production on 25 May
- 24 May 13 10:05 Asia PX producers nominate June ACP at $1,470-1,500/tonne
- 24 May 13 10:03 Taiwan’s FCFC runs No 1, No 2 PX units at 100%
- 24 May 13 09:43 Corrected: Russia's SIBUR commissions new TPE plant