Aromatics Activity Higher in Europe, Lower in U.S.

Aromatics were reported to be mixed, even within the same materials. Exhibit A is U.S. Gulf Coast benzene, where traders report the October contract was agreed at an increase of 6 cts/gal, but spot prices were lower by a hefty 20 cts/gal. Exhibit B is spot toluene and mixed xylenes, where prices for both commodities converged at the same number; however that represented a gain of 10-15 cts/gal for toluene and a loss of about the same for mixed xylenes. Disdaining the spot-market jumble, the October contract for mixed xylenes was rolled from September. Aromatics...

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