Euro July benzene contract agreed at Euro730/tonne

30 June 2005 14:40  [Source: ICIS news]

ROME (CNI)--The July European benzene contract price was settled on Thursday at the expected Euro730/tonne free on board (FOB) Northwest Europe (NWE), up Euro201/tonne (38%), market players said on the sidelines of the European Petrochemical Luncheon (EPL).

The July contract price was settled  by various contract partners, including Total, Sabic, Innovene, IneosPhenol, Bayer and Lyondell.  

The settlement was made at the equivalent of $880/tonne FOB NWE.

By: Barbara Ortner
+44 20 8652 3214

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