Aromatics Markets Generally Softer in Early June

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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