LONDON (ICIS)--Here are the August IPEX values and details of the major commodity petrochemical and polymer contract and average spot price movements for the month.
|IPEX||IPEX Value||July to August change|
Major price rises in August
|Commodity||Region||Month on month rise|
Major price falls in August
|Commodity||Region||Month on month fall|
- Global IPEX driven by strong price gains in northeast Asia
- The benzene contract price in northwest Europe fell €52/tonne or $53/tonne in US dollar terms
The index values are subject to change as contract prices settle. The following monthly contract prices for August are yet to settle - US paraxylene and styrene.
The ICIS petrochemical index tracks the movement of 12 major petrochemicals and polymers: ethylene, propylene, butadiene, benzene, toluene, paraxylene (PX), polyethylene (PE), polypropylene (PP), styrene, polystyrene (PS), methanol and polyvinyl chloride (PVC) with the regional indexes weighted by capacity.
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