IHS Chemical Week

U.S. and Europe Aromatics Prices Down

11:51 AM MDT | July 14, 2010 | Lindsey Bewley

Aromatics were lower on both sides of the Atlantic. Spot benzene on the U.S. Gulf declined 5 cts/gal. Toluene buyers decreased their bids by 10 cts/gal against lower offers from sellers by 5 cts/gal. Consensus prevailed in mixed xylenes, which dropped a dime, while styrene eased lower by a penny per pound.  In northwest Europe, benzene bids tumbled $25/m.t. against a decline of only $5/m.t. in offers from sellers, leading to a wide trading range but little actual business, players say. Sellers wish toluene had been a little less active: spot prices tumbled...

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