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Aromatics Mixed in Europe and U.S., Players Say
2:42 PM MST | March 9, 2011 | Lindsey Bewley
Aromatics markets were mixed, but showed some consistency within types. Spot benzene dropped a dime in U.S. Gulf Coast business, while European buyers knocked prices down an average of $60/m.t. with a narrowing trading band. Toluene gained 15 cts/gal in the U.S., while mixed xylenes were reported higher by 20 cts/gal. Mixed xylenes in Europe got a boost from strong isomer demand and rose $50/m.t. The late-month styrene contract in North America for February was agreed higher by 5 cts/lb, while producers managed to sqeeze out a nominal increase...
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