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Aromatics Mostly Unchanged in the U.S. But Higher in Europe
June 15, 2011 | Lindsey Bewley
Lackluster trading was reported in U.S. Gulf Coast aromatics markets, with little price moment. Mixed xylenes continued their slide, surrendering another 20 cts/gal. The lone gainer for the week was said to be styrene, where the late-month contract price for May was adjusted higher by 4 cts/lb. In Europe aromatics were broadly higher, with benene gaining $50/m.t. and toluene tacking on $20/m.t. Spot styrene was higher in a narrowing trading range, with bids rising $90/m.t. against offers higher by $70/m.t. players say. Methyl tert-butyl ether was also...
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