NewsFlashUS PX May contract falls 4.5 cents/lb from April

16 May 2011 15:51  [Source: ICIS news]

HOUSTON (ICIS)--The US paraxylene (PX) May contract price was concluded at a decrease of 4.5 cents/lb ($99/tonne, €70/tonne) from April, a buyer confirmed on Monday.

Earlier, a seller said that the May contract had been settled at 81 cents/lb DEL (delivered), down 4.5 cents/lb from the April price of 85.5 cents/lb, but this was not confirmed by other market participants at the time.

($1 = €0.71)

For more on paraxylene, visit ICIS chemical intelligence

By: Samuel Weatherlake
+44 20 8652 3214

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