19 April 2012 20:52 [Source: ICIS news]
HOUSTON (ICIS)--The ?xml:namespace>
The decrease followed a lower Asian Contract Price (ACP) for PX, which was settled at $1,585/tonne, down by $65/tonne from March.
The US PX contract price is usually settled in the first half of the month to which it applies, with the ACP providing a guide to price direction.
Major US PX producers include BP Chemicals, ExxonMobil Chemical, Chevron Phillips Chemical and Flint Hills Resources.
($1 = €0.76)
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