19 September 2012 20:56 [Source: ICIS news]MIAMI, Florida (ICIS)--The US paraxylene (PX) September contract has been fully settled at a 5.5 cents/lb ($121/tonne, €93/tonne) increase from the previous month, following price movements in Asia, a major producer and buyer said on Wednesday.
The September PX contract was fully settled at 74.5 cents/lb lb ?xml:namespace>
The US PX contract price is usually settled in the first half of the month to which it applies, with the Asian PX Contract Price (ACP) providing a guide to price direction
Major US PX producers include BP Chemicals, ExxonMobil Chemical, Chevron Phillips Chemical and Flint Hills Resources.
($1 = €0.77)
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