IHS Chemical Week

Aromatics Unchanged on U.S. Gulf Coast

10:58 AM MDT | May 25, 2011 | Lindsey Bewley

Between tornadoes in the U.S. central states and continued flooding along the Mississippi River, there was little interest reported in petrochemical markets. Stable crude oil and natural gas prices also left little impetus for trading in anticipation of a long Memorial Day weekend. Buyers indicated that setiment for June aromatics contract ideas were lower, but no discussions had yet begun. In Europe spot benzene and styrene took big hits, declining by $65/m.t. and $85/m.t. respectively. Spot toluene was reported lower by $20/m.t. Easing of production tightness...

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