The European paraxylene contract for November has been fully settled at Eur765/mt ($906/mt) FD NWE, up Eur20 from October's settlement of Eur745/mt.
The settlement was confirmed by a producer and two consumers. The second producer involved in the settlement could not be reached for comment.
The contract is deemed fully settled when two separate settlements are reached at the same number.
This higher PX settlement comes as spot prices have turned bullish amid the rise in upstream prices.
