IHS Chemical Week

Aromatics Prices Mostly Up in U.S. and Europe

12:03 PM MST | December 15, 2011 | Lindsey Bewley

Aromatics were generally stronger, traders report, but not resoundingly so. Spot benzene on the U.S. Gulf was said to be flat, while toluene saw no net change as the trading band grew wider. Mixed xylenes gained 15 cts/gal, sellers say. The surprise of the week was spot styrene, which notched higher by a penny a pound in thin trading. One player reported the market oversold and noted that European prices were beginning to stabilize. In Europe benzene moved higher by $20/m.t. Toluene added $10/m.t., while mixed xylenes were the winner for the week, gaining...

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