US October OX contract rolls over on steady MX market

05 October 2012 21:23  [Source: ICIS news]

HOUSTON (ICIS)--The US orthoxylene (OX) October contract has been rolled over from September at 67 cents/lb ($1,477/tonne, €1,137/tonne), market participants said on Friday.

The US mixed xylenes (MX) market has been holding steady, contributing to the OX contract rollover, sources said.

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

Major US OX producers include ExxonMobil Chemical and Flint Hills Resources.

($1 = €0.77)

By: Feliza Mirasol
+1 713 525 2653

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