IHS Chemical Week

Aromatics prices mixed

10:23 AM MST | November 16, 2012 | Lindsay Frost

In aromatics, spot benzene on the US Gulf slumped 30 cts/gal, traders say, but toluene was able to hold level, and mixed xylenes even squeezed out a gain of 15 cts/gal. Styrene followed benzene lower, by 3 cts/lb, players say. In Europe, the volatility was even higher, market watchers report. Spot benzene was indicated lower by $90/m.t. while toluene tumbled $60/m.t. Styrene crumpled $160/m.t., falling fast from a recent spike, traders report. In contrast, the November barge contract price was settled at a token decrease of €5 ($6)/m.t. Methyl tert-butyl...

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