28 December 2005 19:19 [Source: ICIS news]
HOUSTON (ICIS news)--US January benzene contract prices could settle up 20-25 cents/gallon within a $2.35-2.40/gallon free on board (FOB) range (Euro591-603/tonne FOB) due to rising spot prices in December, market sources said on Wednesday.
January spot business has been done within a wide spread of $2.29-2.52/gallon during 5-28 December, 11-34 cents/gallon above the $2.18/gallon FOB settlement for December benzene contracts.
January spot numbers have been no lower than the mid $2.30s/gallon ?xml:namespace>
Traders said January benzene contract prices were nominated at $2.60/gallon FOB and $2.70/gallon FOB, 19.3% and 23.9% above the $2.18/gallon FOB December contract agreement, respectively.
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|
Asian Chemical Connections