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Japan’s JX Nippon settles its February benzene contract

by ChemOrbis Editorial Team -
  • 02/02/2016 (13:22)
Japan’s JX Nippon Oil & Energy has settled its February benzene contract at $550/ton CFR Asia, down $20/ton from its initial nomination for the month, according to market sources. JX Nippon Oil & Energy’s January settlement had been reported at $570/ton with the same terms.

In Asia, spot benzene prices are reported at around $540/ton on an FOB South Korea basis, down around $15/ton from a week earlier.
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