IHS Chemical Week

Aromatics Mixed in U.S. and Europe

10:00 AM MDT | May 13, 2010 | Lindsey Bewley

There were no discernable patterns in aromatics trading this week, players say. Spot benzene on the U.S. Gulf saw offers decline by 5 cts/gal but buyers held tight with their offers. Mixed xylenes saw offers increase by a nickel, which also prompted yawns from buyers who left bids unchanged. Spot styrene prices did advance a uniform penny per pound. On the other side of the Atlantic, trading ranges were reported widening for all major aromatics in what were described as sloppy markets. Spot benzene was off by an average of $20/m.t. as declines in bids...

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