IHS Chemical Week

Aromatics Markets Generally Softer in Early June

9:23 AM MDT | June 3, 2011 | Lindsey Bewley

Aromatics markets were mixed but generally on the softer side as June contracts were settled on the U.S. Gulf Coast. Benzene tumbled 29 cts/gal, while mixed xylenes were lower in the new spot-average retroactive formula. Styrene was the gainer for the week, with spot numbers rising 4 cts/lb, and the May contract being settled higher by 5 cts/lb. On the spot side benzene held steady, while toluene was reported lower by 30 cts/gal and mixed xylenes were off by 20 cts/gal, sources say. In Europe spot benzene was also flat, while toluene managed to eke out a nominal...

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