Corrected: Euro Nov benzene contract down Euro154/mt

24 November 2005 12:10  [Source: ICIS news]

In the ICIS news story published on 28 October headlined 'Euro Nov benzene contract settled down Euro154/mt', the first paragraph should state that the benzene contract was settled at Euro577/tonne FOB NWE and not Euro577/tonne FOB Rotterdam. A corrected version follows.
 
LONDON (ICIS news)--The November European benzene contract was settled down Euro154/tonne at Euro577/tonne free on board (FOB) Northwest Europe (NWE), industry players reported on Friday.
 
The 21% decrease reflected the slump in European benzene spot prices during October.
 
Spot prices on Friday were at $700-708/tonne FOB Rotterdam, which was $190/tonne lower than at the beginning of October.

By: Barbara Ortner
+44 20 8652 3214



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