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December benzene contract settles in US

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/11/2014 (13:10)
The December benzene contract has been settled in the US, according to market sources. The new contract stands at $3.37/gallon ($1008/ton), down 48 cents/gallon ($144/ton) from November. The new settlement was the lowest level recorded since December 2011.

The decline in the December settlement was attributed to slow demand in derivative markets and excess availability on the back of import arrivals from Asia.
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