31 October 2008 20:00 [Source: ICIS news]
HOUSTON (ICIS news)--November benzene contracts in the US could settle around 160 cents/gal FOB (free on board), a drop of more than 60% from the October price, sources said as negotiations continued on Friday.
Other buyers were anticipating a settlement in the $1.50s/gal, but all indications were that November contracts would settle on 31 October at below $2.00/gal.
Since the settlement of October contracts,
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