IHS Chemical Week

Aromatics Markets Quiet at Month's End

11:16 AM MST | February 29, 2012 | Lindsey Bewley

Aromatics markets were reported to be quieter and more mixed. No March contract settlements could be confirmed. On the U.S. Gulf Coast spot benzene and mixed xylenes were higher by 5 cts/gal, but styrene slipped 3 cts/lb and buying interest evaporated. Intial reports put the late-month styrene contract for Feburary higher by 6 cts/lb, but that could not be widely confirmed. Spot benzene in Europe slipped $15/m.t. while styrene was off by $20/m.t. Spot toluene was the lone gainer for the group, rising...

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