27 April 2009 18:16 [Source: ICIS news]
LONDON (ICIS news)--Here is Monday's end of day European oil and chemical market summary from ICIS pricing.
CRUDE: June WTI: $49.90/bbl, down $1.65/bbl. June BRENT: $50.10/bbl, down $1.57/bbl
Having fallen steadily through the European morning and in early US trading on fears that the swine flu outbreak in ?xml:namespace>
NAPHTHA: Open spec spot cargoes were assessed in a $405-415/tonne CIF (cost, insurance and freight) NWE (northwest Europe) range, up $5/tonne on the buy side of the range set earlier in the day. May swaps were pegged at $405-407/tonne CIF NWE.
BENZENE: There were no firm bids or offers heard for benzene this afternoon, as price ideas in the market continued to hover around $585/tonne. The value range remained pegged at $575-595/tonne CIF ARA (
STYRENE: Bids and offers for May styrene were heard this afternoon at $850-900/tonne FOB (free on board)
TOLUENE: Bids and offers for May-loading cargo were heard this afternoon at $525-555/tonne FOB
MTBE: There was one bid but no offers during open market trading. The best bid was $595/tonne
XYLENES: There were no firm bids or offers heard for paraxylene this afternoon, and the value range was notionally brought down by $10/tonne to $970-1,010/tonne FOB
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