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Lackluster Trading in Aromatics Market, Players Say
9:18 AM MDT | June 30, 2010 | Lindsey Bewley
Aromatics contracts have yet to be settled. Market watchers report lackluster trading and varied ranges for what little business there has been. Spot benzene on the U.S. Gulf was reported lower by an average of 7.5 cts/gal in a narrowing band, while both toluene and mixed xylenes were traded higher, players say. Spot toluene rose by 10 cts/gal as demand firmed in fuels blending. Mixed xylenes kept pace with an increase of 7.5 cts/gal in a widening range. Styrene was off by 2 cts/lb. Uneven trading prevailed on the other side of the Atlantic as well, with European...
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