NewsFlashFirst Euro Mar benzene contract at Euro652

28 February 2006 16:04  [Source: ICIS news]

LONDON (ICIS news)--The first March European benzene contract price was agreed on Tuesday by a major producer and three consumers at Euro652/tonne, a decrease of Euro23/tonne from February.

The contract was settled at $773/tonne, equivalent to Euro652/tonne free on board (FOB) Northwest Europe (NWE), using the exchange rate of 1.1854.

The spot market price for benzene on Tuesday was $760-770/tonne cost, insurance and freight (CIF) Rotterdam. Morning deals were reported at $760/tonne CIF Rotterdam for March and April.

By: Staff Reporter
+44 20 8652 3214

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