29 August 2005 22:56 [Source: ICIS news]
HOUSTON (ICIS news)--US aromatic solvent spot prices increased as much as 40 cents/gal on Monday as Hurricane Katrina forced a number of Louisiana and Mississippi refineries to shut down.?xml:namespace>
September benzene spot offers emerged in the morning at $2.50/gal FOB US Gulf (USG) and $2.45/gal DDP USG, up from Friday’s $2.24-2.33/gal FOB USG bid/offer range. September deals were done later in the day at $2.50/gal FOB USG, $2.39/gal DDP Houston-Texas City (HTC), $2.40/gal DDP HTC and $2.40/gal DDP Mississippi River.
Gasoline blenders reportedly bought toluene spot cargos at $2.55/gal DDP USG for first-half September delivery and $2.58/gal DDP USG for delivery by 4 September, up as much as 40 cents/gal from the Friday spot range of $2.18-2.25/gal FOB USG. A late-afternoon deal was done at $2.48/gal DDP USG for 1-20 September delivery.
Mixed xylene (MX) spot business was reportedly done at least once at $2.53/gal DDP USG, up about 20 cents/gal from 26 August.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|