IHS Chemical Week

Aromatics Prices Rise in U.S. and Europe

1:23 PM MST | February 2, 2011 | Lindsey Bewley

In aromatics benchmark benzene on the U.S. Gulf Coast was reported to be settled for the February contract at an increase of 51 cts/gal, while mixed xylenes for February were agreed higher by 19 cts/gal, and styrene producers secured a 4 cts/lb rise for the January contract. On the spot market business was reported more subdued, with benzene adding 15 cts/gal. Styrene was the exception, with a strong gain of 8 cts/lb being secured, traders say. In Europe February benzene was settled at an increase of €122/m.t. Styrene eventually was agreed at an increase...

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