IHS Chemical Week

Aromatics spot prices varied for November

9:42 AM MST | November 9, 2012 | Lindsay Frost

Aromatics prices were mixed for the start of November, traders say. Benzene on the US Gulf rose half a dollar—more than 11%—to a record high settlement for November, players say, but mixed xylenes plunged a third of a dollar on reports of softening downstream demand. In spot businesses, there was a similar pattern with benzene gaining 15 cts/gal, but toluene slipping 5 cts/gal and mixed xylenes lower by 15 cts/gal, traders report. In Europe, the November benzene contract was said to be settled at a strong increase of €34 ($43)/m.t. Spot benzene...

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