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Aromatics Activity Busy, Players Say
11:45 AM MDT | November 4, 2010 | Lindsey Bewley
Aromatics were similarly strong on the contract settlements and mixed in spot business. The benzene contract for November soared 33 cts/gal while November mixed xylenes were agreed higher by 23 cts/gal. The late-month October contract was said to be concluded with an increase of 2 cts/lb. In spot transactions, benzene saw a net decrease of 7.5 cts/gal in a wider trading range, while toluene gained 10 cts/gal, traders say. Spot styrene moved higher by 2 cts/lb. In Europe benzene was agreed for November with a gain of €36/m.t. while styrene barges were fixed...
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