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Initial January benzene contract settles in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 31/12/2014 (09:12)
An initial January benzene contract has been settled in Europe, according market sources. The new contract stands at €568/ton ($690/ton) FD NWE, down €201/ton ($244/ton) from December.

In Europe, spot benzene prices have decreased $500/ton since late October to be currently reported at $685/ton CIF NWE in line with sharply decreasing crude oil prices after OPEC’s decision not to cut production.

In December, Europe benzene contracts had been settled with a decrease of €166/ton from November.
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