US April PA contracts rise by 2 cents/lb on higher feedstock

24 April 2012 21:58  [Source: ICIS news]

HOUSTON (ICIS)--US phthalic anhydride (PA) April contracts have increased by 2 cents/lb ($44/tonne, €33/tonne), following a higher US orthoxylene (OX) March contract, industry sources said on Tuesday.

The April contract for molten-grade PA was assessed by ICIS at 87-94 cents/lb, while flake-grade was assessed at 88-95 cents/lb.

PA contracts typically reflect the previous month’s OX price, which settled at 71 cents/lb in March, up by 2 cents/lb from February.

PA is a key intermediate in the production of plasticisers, which are used to make products such as flexible polyvinyl chloride (PVC).

Major US PA producers include BASF, Koppers, and Stepan.

($1 = €0.76)


By: Blanca Venegas
713-525-2653



AddThis Social Bookmark Button

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.

Printer Friendly

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