Benzene Prices May Have Bottomed Out

January benzene contracts in Europe and North America have settled with only slight declines from December 2008 levels. The relative scale of the month-on-month changes indicates that the dramatic aromatic price drops of late 2008 are most likely at an end, market watchers say. However, no one is willing to call a bottom of the market, and buyers say that the European contract is equivalent to a significantly lower price than the settlement on the U.S. Gulf Coast. The U.S. benzene contract declined 5 cts/gal, settling at 101 cts/gal, fob. The contract had fallen...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers