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Modest gains reported in aromatics
February 19, 2013 | Lindsay Frost
Modest gains have been reported for aromatics on the US Gulf with the exception of spot benzene, which shed 5 cts/gal. Toluene is said to be higher by 15 cts/gal, while mixed xylenes gained a nickel. Buyers expected the February mixed xylenes contract to be agreed lower, but other market watchers said recent spot strength could support a roll. European aromatics are said to be flat for benzyne, toulene, and xylene; and styrene pushed out a gain of $20/m.t. Spot methanol resumed its slow climb, with stronger volumes reported out of Europe and the...
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