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 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
Toluene hydro-dealkylation units in Europe are maximizing their run rates amid continuous strength in the benzene market, leading to a renewed interest in incremental toluene, according to sources. This has already triggered some spot ...
Tags: Benzene, Toluene, hydro-dealkylation
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 northwest Europe styrene premium to benzene has hit its highest level in over one month on tight supplies following a potential production issue and vessel delays, according to market sources. At Tuesday's European close, the NWE 3-30 ...
The contango in the ARA benzene market is widening as July delivery dates are nearing expiration, sources said Monday. Benzene for August delivery is at a premium of around $15/mt over the material for balance of July, based on bids and ...
European benzene's premium to naphtha slipped to a 3.5-month low at the end of last week as benzene failed to keep pace with strengthening upstream markets. The spread between spot benzene and its feedstock naphtha was assessed at ...
The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $501.50/mt Monday, Platts data showed, as the SM market surged on news that South Korea's Lotte Chemical had delayed the restart ...
Tags: SM-benzene, 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 ...
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 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
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