May US paraxylene CP settles down quarter-cent at 72 cents/lb: Market sources

摘要

Houston — The May US paraxylene contract price settled at 72 cents/lb ($1,587.31/mt), a quarter-cent lower than April’s contract price, sources said Wednesday. The settlement was near market expectations, with market participants predicting a lower contract price as low as 71.25 cents/lb due to weaker demand. The contract price for April settled 7.25 cents lower than March’s settlement at 79.5 cents/lb.