The acetone settlement for August was concluded at $0.5725 per pound. Measured against the $0.5925 average of July’s split settlement, that is a decrease of $0.02 per pound.
June marked the peak of the T&X market for summer with toluene barges averaging $2.8948 and xylene barges averaging $2.8763 per gallon. Both products moved down slightly in July and in August.
Global and North American lignosulfonate supply will continue to remain tight for the next 2-4 years. In 2019 250,000 metric tons of global lignosulfonate capacity shut down. In 2021 80,000 tons of North American lignosulfonate capacity shut down.