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Aromatics Post Slight Losses
9:10 AM MDT | May 14, 2012 | Lindsey Bewley
Losses were scattered and relatively slight among aromatics. Spot benzene on the U.S. Gulf Coast was lower by 5 cts/gal for the second week in a row, while spot styrene gave up the 2 cts/lb it gained the previous week. In Europe both benzene and toluene saw narrower trading ranges as buyers reduced bids $10/m.t. while sellers took down offers by $20/m.t. to try to stimluate demand. Methyl tert-butyl ether continued its skid into a full month, off $65/m.t. traders...
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