16 November 2012 20:16 [Source: ICIS news]
NEW YORK (ICIS)--The US paraxylene (PX) contract has settled up by 1.5 cents/lb ($33/tonne, €26/tonne) in November, market sources confirmed on Friday.
The November PX contract was settled at 76.5 cents/lb, compared with 75 cents/lb in the October contract price.
In Asia, the PX Asian Contract Price (ACP) remained unsettled as no agreements were reached between all ACP negotiating parties. The US PX contract price follows trends in the ACP.
Major US PX producers include BP Chemicals, ExxonMobil Chemical, Chevron Phillips Chemical and Flint Hills Resources.
($1 = €0.78)
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.
|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|
Asian Chemical Connections