Trade Resources Industry Views The January US Benzene Contract Price Rose to a Settlement of $4.84/Gal

The January US Benzene Contract Price Rose to a Settlement of $4.84/Gal

Jan 6, 2014

Tags: Benzene CP, Chemicals

The January US benzene contract price rose to a settlement of $4.84/gal ($1,448.62/mt), sources said Thursday.

The settlement is up 36 cents and 37 cents from December's split settlement of $4.48/gal and $4.49/gal.

Market participants expected an increase in the benzene contract price as short covering amid low stocks led to upward movement in pricing. It's the highest settlement since $4.80/gal in January 2013, according to Platts data.

US spot prices averaged around $4.73/gal FOB US Gulf Coast in December, Platts data showed.

Spot benzene was bid at $4.76/gal and offered at $4.84/gal Thursday morning.

Source: http://news.chemnet.com/Chemical-News/detail-2223112.html

Contribute Copyright Policy

US January Benzene CP Settles at $4.84/Gal, Above December's $4.48-4.49/Gal Split: Sources

Topics: Chemicals

Hot Searches

Benzene Derivatives Benzene Sulfonic Benzene Sulfonic Acid Labsa Benzene Sulfonic Acid Benzene Sulphonic Acid Dodecyl Benzene Sulfonic Acid Dodecyl Benzene Dodecyl Benzene Sulphonic Acid Benzene Polyamide Resin Sodium Dodecyl Benzene Sodium Benzene Sulphonate Benzene Soluble Polyamide Resin Sodium Alkyl Benzene Sulfonate Hydroxypropyl Methyl Cellulose Wholesale Chemicals HPMC For Mortar Mortar HPMC HPMC For Coating HPMC For Tile Adhesive Tile Adhesive HPMC HPMC For Cement HPMC For Wall Putty Hydroxy Propyl Methyl Cellulose HPMC For Gypsum Plaster HPMC For Skim Coat

The January US Benzene Contract Price Rose to a Settlement of $4.84/Gal

Related News

Hot Searches

Related Products