Aromatics Lower in U.S., Europe

Aromatics were lower on both sides of the Atlantic, but with no discernable pattern, market watchers report. On the U.S. Gulf Coast bellwether spot benzene was lower by an average of 22.5 cts/gal in a widening range, while European spot benzene was down an average of $45/m.t. in a tightening range. Traders say U.S. toluene was flat, while European material declined an average of $5/m.t. Conversely, European mixed xylenes were reported level, while U.S. m-X was off by 15 cts/gal. Styrene was down in both markets, losing 8 cts/gl in North America and $50/m.t. in...

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