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Aromatics Prices Mixed in Europe and the U.S.
2:06 PM MDT | October 26, 2011 | Lindsey Bewley
Aromatics were mixed, but generally lower in North America and lower in Europe, with traders reporting uneven business. Spot benzene on the U.S. Gulf Coast saw bids lower by 20 cts/gal and offers down by 25 cts/gal for a narrowing trading range. The opposite was true of toluene, players say, with buyers dropping bids by 10 cts/gal but sellers only moving lower by 5 cts/gal. In Europe the trading range for benzene narrowed to the higher side, for an average gain of $7.50/m.t. As in the U.S., toluene saw its trading band widen, with sellers raising offers by...
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