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June benzene contract settles in Europe

by ChemOrbis Editorial Team -
  • 31/05/2016 (22:02)
According to market sources, June benzene contracts have been settled in Europe. An initial settlement was agreed at €572/ton ($637/ton with recent parity) FD NWE. The latest level indicated a decrease of €27/ton ($30/ton) with respect to May.

Spot benzene prices in the region declined around $50/ton (around €45/ton) on CIF NWE basis during the month of May. Now, players are waiting to hear June styrene settlement in Europe.
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