09 May 2012 16:34 [Source: ICIS news]
LONDON (ICIS)--An initial European May orthoxylene (OX) contract has settled at €1,180/tonne ($1,532/tonne), a rollover from April, one producer said on Wednesday.
"What I agreed with my customers is a rollover," a producer said. "The settlement is a compromise."
The OX settlement was agreed on a free delivered (FD) northwest Europe (NWE) basis.
Further confirmation from other market players is pending.
($1 = €0.77)
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