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Aromatics Activity Slow
3:41 PM MDT | May 6, 2010 | Lindsey Bewley
Aromatics contract negotiations were not completed by press time. Benzene was agreed to higher by 4 cts/gal for May, but that was the only contract agreement, players say. Spot benzene was unmoved, but spot toluene and mixed xylenes saw buyers’ bids rise by 5 cts/gal to narrow the trading range. Spot styrene ticked higher by a penny. In Europe the benzene contract was also the only aromatic agreement for May, with a decrease of €17/m.t. Spot material rose $10/m.t., while mixed xylenes rose $15/m.t. and styrene appreciated twice that much. Trading...
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