IHS Chemical Week

Aromatics Mixed at Beginning of Month

12:48 PM MDT | April 7, 2011 | Lindsey Bewley

Aromatics were mostly mixed in the beginning of April. The April contract for benzene plunged half a dollar even as spot prices gained 15 cts/gal. Spot toluene kept pace with a gain of 10 cts/gal while spot styrene ticked along with an increase of 3 cts/lb, players report. In Europe the April contract for benzene also dropped sharply, €141/.t. while the styrene contract was agreed lower by €75/m.t. European spot business mostly mirrored trading patterns in North America, it was reported, with benzene and styrene higher by an average of $45/m.t. and...

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