US benzene and toluene markets rose to two-month highs Tuesday to $2.35/gal ($703/mt) FOB US Gulf Coast and $2.25/gal ($684/mt) FOB USG, respectively. Sources attributed gains in both markets to stronger energy as NYMEX December crude ...
European styrene production margins, which appeared to be rising after an explosion June 3 during maintenance at Shell-BASF's Ellba joint venture in Moerdijk, the Netherlands, are falling again, Platts data shows. Styrene's premium over ...
Tags: Styrene, styrene production
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
The arbitrage window for Asian benzene cargoes headed to the US Gulf Coast is open again after remaining shut for almost three weeks, according to Platts data. Based on the latest assessments, the FOB US Gulf-FOB Korea spread at $74.89/mt ...
Tags: Benzene, export demand
The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...
Tags: Paraxylene, Benzene
Asian benzene prices dropped $19.50/mt Wednesday, pulled lower by a tumble in US benzene Tuesday, but the magnitude of the fall in US prices has nearly closed the arbitrage window from South Korea to the US, according to sources. Spot ...
Tags: Benzene, benzene prices
The US spot benzene assessment reached its lowest level in nearly five months Tuesday at $4.45/gal ($1,331.89/mt) FOB USG for April. Spot pricing was last seen at this level November 26, Platts data showed. US spot benzene has been on a ...
Tags: Spot Benzene, Benzene
The spot US benzene contract price for April settled at $4.80/gal ($1,436.64/mt), a decline of 15 cents compared with March's CP, industry sources said Tuesday on the sidelines of the American Fuel & Petrochemical Manufacturers conference ...
Tags: Spot Benzene, Fuel, Petrochemical
US spot benzene market values could be facing a sharp decline during the first quarter due to a combination of upcoming derivative styrene turnarounds and shipments from Asia, market sources said Wednesday. The US benzene market saw a ...
Tags: Benzene, Benzene Prices, US Benzene
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 ...
Tags: Benzene CP, 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 ...
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
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
US spot toluene was assessed 8 cents ($24.32/mt) lower Monday compared with Friday's mark at a nearly seven-month low of $4.07/gal ($1,237.28/mt) FOB US Gulf Coast due to weak demand and excess supplies, sources said. The last time spot ...
Tags: toluene, benzene, mixed xylene
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