Wide Disparity in Aromatics Prices in U.S. and Europe

In spot aromatics there was wide disparity across the group, but rough parity within products on either side of the Atlantic. Bellwether benzene on the U.S. Gulf Coast rose a robust 15 cts/gal, while benzene in northwest Europe gained $30/m.t. Spot toluene on the Gulf Coast declined a modest 5 cts/lb and stumbled $20/m.t. in Europe. Mixed xylenes gained 10 cts/gal in North America, while spot styrene tacked on 2 cts/lb; both materials were reported to be level in European...

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