IHS Chemical Week

Aromatics prices varied

12:00 PM MST | January 28, 2013 | Lindsay Frost

Aromatics continued mixed on both sides of the Atlantic. Spot benzene on the US Gulf rose 15 cts/gal, while sellers raised offers for spot toluene 10 cts/gal. There were no reciprocal increases from buyers reported, so the trading band just widened. Mixed xylenes were said to take a hit, down 25 cts/gal in an acceleration of last week’s declines. Styrene was also off sharply, dropping 8 cts/lb. Some traders called the market overbought. In Europe, there was a similar lack of clear direction. Spot benzene was reported higher by $30/m.t., but toluene lagged...

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