09 August 2012 17:19 [Source: ICIS news]
MIAMI, Florida (ICIS)--The US orthoxylene (OX) August contract has been settled at a 6 cent/lb ($132/tonne, €107/tonne) increase from July, market participants said on Thursday.
The OX August contract reached a settlement price of 65 cents/lb, following an increase in the upstream US mixed xylene (MX) August contract, sources said.
According to market participants, the US MX August contract was settled at $3.70/gal, higher by 5.82 cents/lb from June. However, confirmation for the US MX June and July prices is still pending.
Major US OX producers include ExxonMobil Chemical and Flint Hills Resources.
($1 = €0.81)
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