The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $437/mt Monday, as SM prices jumped on tight supply, Platts data showed. SM was assessed at $1,718/mt FOB Korea Monday, up ...
Tags: SM-Benzene Price, Chemicals
The price spread between styrene monomer and its main feedstock benzene was pegged at $391.50/mt Thursday morning, its widest point in more than four years, as SM remains firm after an unexpected shutdown by South Korean producer Lotte ...
Tags: styrene monomer, SM-Benzene Price
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
The spread between Asian styrene monomer and benzene prices widened to a six-week high of $356.50/mt Thursday, up $20/mt or 6% from a day earlier, as China's shrinking SM inventories lifted SM prices, Platts data showed. The last time the ...
Tags: SM-Benzene, Benzene
The spread between Asian styrene monomer and benzene widened to an 18-month high of $339.50/mt last Friday, as limited supply pushed SM prices higher amid a weakening benzene market. The last high for the spread was on September 19, 2011, ...
Tags: SM, benzene, styrene monomer
Benzene prices continued to maintain the downward trend in Europe last week. "Global price meltdown and sluggish downstream demand were mainly responsible for the decline," say experts. Prices were assessed in the range of US$ ...
Reignited concerns over the domestic benzene demand as well as a stubbornly closed arbitrage to the US saw European benzene prices plunge below $1,300/mt for the first time since mid-October, Platts data show. Benzene barges were assessed ...
Tags: benzene, benzene demand, benzene barges
The Northwest European benzene market tumbled to a 15-week low of $1,335.5/mt Tuesday on a combination of weak downstream demand, upcoming derivatives turnarounds, a closed arbitrage to the US, as well as persistently high inventories, ...
Tags: benzene, US, Platts data
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 ...
The spread between Asian toluene and feedstock naphtha was assessed at a more than four-month low of $263.125/mt Wednesday, down $23.275/mt from Tuesday, as the toluene market came under pressure from weak demand and falling domestic China ...
Tags: toluene, feedstock naphtha, Asia, toluene market
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 ...
Styrene's premium to its feedstock benzene rose to its highest in four months in the Northwest European market, Platts data showed. The premium was assessed at $346/mt at Friday's close, mainly due to falling benzene prices. The premium ...
Tags: styrene, benzene, Styrene's premium
Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important $400/mt mark for the first time since mid-November to be assessed at $379.75/mt at ...
Benzene prices showed upward trend in Asia and Europe while they were steady in US in the week ending February 9, 2013. In Korea, Benzene prices increased last week, due to strong buying sentiment in the downstream market. In the early ...
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