The US styrene-to-benzene spread has widened $34.66/mt since June 24, growing to its highest level in more than 4 1/2 years at $424.56/mt Monday, according to Platts data. US spot styrene rose 0.90 cent/lb ($19.84/mt) day on day to a ...
Tags: Styrene-Benzene, Chemicals
The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
The benzene price in the European spot market sank to a 13-week low Thursday after a week of a sharp -- around $100/mt -- downward correction. Barges for the delivery in ARA region 3-30 days forward were assessed at $1,238/mt at ...
US spot benzene reached a 10-month low assessment Tuesday at $4.17/gal ($1,246.83/mt) FOB US Gulf Coast. Spot benzene was last assessed below this level on August 29, 2012 at $4.16/gal FOB USG. Since then, benzene prices have risen as ...
US spot benzene shed 5 cents Wednesday to land at $4.29/gal ($1,282.71/mt) FOB US Gulf Coast, its lowest assessed level in six weeks, as slower chemical demand and an oversupplied market put downward pressure on prices, sources said. Spot ...
Tags: Chemicals
The June US benzene contract price settled 5 cents/gallon ($14.95/mt) lower at $4.42/gal ($1,321.58/mt), sources said Friday. The benzene CP settled at $4.47/gal in May, an 11-cent jump from the prior settlement at $4.36/gal. Market ...
Tags: US, Benzene CP, Chemicals
The European benzene market has so far shrugged off this week's flood news in a number of Central European countries, according to market sources. Traders said they were not aware of any production issues caused by elevated water levels. ...
Tags: benzene market, Chemicals
The US styrene to benzene spread remained above $300/mt for much of the last week, with the spread at $303.66/mt Monday, according to Platts data. US spot styrene lowered 0.05 cent/lb ($1.10/mt) day on day to a Monday assessment at 72.50 ...
Tags: Styrene-Benzene, Chemicals
European benzene's premium over naphtha slipped to a seven-week low, despite continuing lack of clarity on the market direction going into June. The spread between spot benzene and its feedstock naphtha was assessed at $500.25/mt at ...
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
Marathon Petroleum has declared force majeure on benzene, toluene and mixed xylene, trading sources said Monday. No further details are known and confirmation from Marathon was unavailable as a spokesman at the company declined to comment, ...
Tags: benzene, toluene, Spot benzene
The Northwest European March benzene contract price has been fully settled at Eur1,054/mt, or $1,380/mt, CIF ARA, industry sources confirmed Friday. The settlement represents an increase of Eur14/mt and a decrease of $28/mt compared ...
US toluene disproportionation margins were estimated at minus $15.09/mt Friday, based on Platts data, putting them in negative territory for the first time since November 15, when they were estimated at minus 55 cents/mt. Estimated TDP ...
The February US benzene contract price settled 36 cents/gal ($107.64/mt) lower at $4.80/gal ($1,435.20/mt), sources said Thursday. The last time the benzene CP settled lower was in September, when it settled at $4.20/gal, down 40 ...
Tags: benzene contract price, US, benzene
Styrolution announced a 3-cent/lb($66/mt)increase on all US polystyrene resins,effective January 1,a company source said Wednesday. Styrolution's move followed an announcement by Americas Styrenics Tuesday that it would raise its US ...
Tags: Styrolution, 3-cent/lb, US polystyrene resins, benzene