08 January 2009 10:06 [Source: ICIS news]
SINGAPORE (ICIS news)--Here is Thursday’s end-of-day ?xml:namespace>
CRUDE: February WTI $43.30/bbl up 67 cents February BRENT $46.77/bbl up 91 cents
Crude futures strengthened on Thursday with February ICE Brent futures gaining more than $1/bbl. Thursday’s rise followed a massive fall in prices the previous day which saw February NYMEX light sweet crude (WTI) lose nearly $6/bbl. Crude slumped on Wednesday after a larger than expected build in US crude stocks. Traders are now focussed on US jobless claims data due out later in the day.
NAPHTHA: Asian naphtha prices closed softer Thursday. Second half February price indications were pegged at $351.50-352.50/tonne CFR (cost and freight) Japan, first half March at $345.50-346.50/tonne CFR Japan and second half March at $342.50-343.50/tonne CFR Japan.
BENZENE: Prices remained at $320-330/tonne FOB (free on board)
TOLUENE: Trading was thin on Thursday afternoon with a buying indication for any February heard at $465/tonne FOB
For more pricing intelligence, please visit ICIS pricing
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