IHS Chemical Week

Aromatics Up in U.S., Steady in Europe

2:49 PM MDT | June 9, 2010 | Lindsey Bewley

Aromatics were generally stronger in North America than in Europe, but not by much. Bellwether spot benzene on the U.S. Gulf gained an average of 17.5 cts/gal in a narrowing trading range, while spot toluene netted a rise of 7.5 cts/gal under the same circumstances, sources say. Mixed xylenes were level, and styrene eased off a penny per pound. On the other side of the Atlantic spot benzene was the only gainer in the group, buyers report. Only just: they raised bids by $10/m.t. but sellers were cautious and did not move offers higher. Toluene declined by an...

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