Aromatics Prices Rise in U.S. and Europe

Aromatics prices rose last week, with benchmark spot benzene on the U.S. Gulf gaining 20 cts/gal. Spot toluene added 15 cts/gal, players say. Traders report a sense of stability in the market, at least in the short term. In Europe spot toluene gained $40/m.t. while spot styrene shot higher by $90/m.t. as ports grappled with logistical bottlenecks that pinched supply inland...

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