17 September 2009 12:00 [Source: ICIS news]
CRUDE: October WTI: $72.58/bbl, up $0.07/bbl. November BRENT: $71.65/bbl, down $0.02/bbl
Crude prices were range bound either side of Wednesday’s close, which saw prices rise by well over a dollar after the weekly US Stock figures revealed a large, unexpected draw on crude stocks.
NAPHTHA: Open spec spot cargoes were assessed in a $623-633/tonne CIF (cost, insurance and freight) NWE (northwest Europe) range, up by $7/tonne CIF NWE on the buy side of the range set at the end of trading on Wednesday. October swaps were pegged at $623-624/tonne CIF NWE.
BENZENE: On Wednesday, two September benzene deals were done at $807-810/tonne CIF ARA (
STYRENE: A September styrene trade was done on Wednesday at $1,105/tonne FOB (free on board)
TOLUENE: The market remained quiet, with no firm bids or offers heard. The range was notionally pegged at $760-800/tonne FOB
MTBE: Bids and offers were heard at a factor of 1.13-1.15 against gasoline on Thursday morning, unchanged from Wednesday’s levels. Gasoline traded at $659-663/tonne
XYLENES: The paraxylene market remained quiet, with no firm buying interest heard. The range remained stable at $840-910/tonne FOB
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