IHS Chemical Week


Aromatics Prices Relatively Unchanged

9:05 AM MST | February 6, 2012 | Lindsey Bewley

Gains in spot aromatics were relatively small, traders report, because the action was concentrated on sellers consolidating recent spot gains into contract settlements. The benchmark benzene agreement on the U.S. Gulf Coast was done at an increase of half a dollar per gallon, while spot benzene actually dropped a dime. Mixed xylenes saw spot prices rise just 5 cts/gal, and styrene 3 cts/lb. The story was similar in Europe where the February benzene contract was agreed at an increase of €119/m.t. while spot benzene gained only $10/m.t. sellers indicate. Spot...

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