IHS Chemical Week

Markets :: Plastics :: Polystyrene

Tight European benzene supply

1:44 PM MDT | June 17, 2013 | Francinia Protti-Alvarez

European benzene supply is expected to remain tight as use of lighter feedstocks limits production of benzene coproduct, according to the latest IHS Chemical Market Advisory Service: European Aromatics report. Demand remains steady but is not expected to increase because of planned maintenance turnarounds for key benzene derivatives styrene and phenol. European June benzene prices have been around $1,350/m.t fob Western Europe, according to IHS Chemical data, down from the $1,500 observed in January. Benzene production is expected to continue to be...

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