IHS Chemical Week

U.S. Spot Aromatics Post Gains

2:10 PM MDT | July 13, 2011 | Lindsey Bewley

Aromatics markets plugged along in relative calm this week. Spot benzene on the U.S. Gulf Coast moved strongly higher by 25 cts/gal, while spot toluene and mixed xylenes followed with gains of 15 cts/gal, traders say. In Europe trading was reported to be more uneven, with benzene gaining $15/m.t. and toluene sprinting out to a $20/m.t. rise, but mixed xylenes easing lower by $10/m.t. Spot styrene, flat in North America, pushed higher in Europe by $15/m.t., sellers report. Methanol buyers prevailed in driving down spot prices by 9 cts/gal in North America and by...

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