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Aromatics Up Sharply in Europe and U.S.
2:55 PM MDT | October 20, 2010 | Lindsey Bewley
In aromatics there were upheavals in Europe, with spot benzene and mixed xylenes not coming from the refinery pool for petrochemical production. Those were both higher by $70/m.t. Conversely, lack of fuels blending left toluene off the pace, gaining just $55/m.t., players said. Styrene saw a steep spike of $110/m.t. as both benzene and ethylene prices rose. In North America a similar pattern was played out. Spot benzene and toluene were said to be higher by 20 cts/gal while mixed xylenes rose 30 cts/gal. Spot styrene was reported to have broken higher than...
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