IHS Chemical Week

Aromatics Busy in Europe, Finicky in U.S.

10:38 AM MST | January 6, 2011 | Lindsey Bewley

Aromatics markets were active on both sides of the Atlantic. On the U.S. Gulf Coast, the activity was confined to contract talks, traders say. The January benzene contract was agreed with a robust increase of 58 cts/gal or almost 20% to pull level with current spot numbers. Producers did not do quite so well for January mixed xylenes, due mostly to a lackluster isomer market. The contract was done with a token penny increase. January styrene was reported to be rolled from December in a quiet market, sources report. In sharp contrast to U.S. styrene business...

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