Initial March benzene contract settles in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, an initial benzene contract has been settled in Europe. The new contract has been settled with a decrease of around €24.50/ton ($26.60/ton at the current parity) at around €527/ton ($574/ton at the current parity). In Europe, February benzene contracts had been settled at €551.50/ton ($601.50/ton) on average.
In Europe, spot benzene prices are reported at $580-585/ton CIF NWE, up around $5-10/ton from a week earlier.
In Europe, spot benzene prices are reported at $580-585/ton CIF NWE, up around $5-10/ton from a week earlier.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Türkiye PVC outlook for 2025: Will poor margins and unstable demand break the cycle?
- Europe PP, PE outlook for 2025: Battle of margins amid supply surpluses and trade flow shifts
- Middle East PP, PE outlook for 2025: A double whammy of low demand and new capacity additions
- China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge
- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec
- Bearishness persists across China, SEA import PE markets as year-end nears
