NOON SNAPSHOT - Europe Markets Summary
06 November 2009 12:00 [Source: ICIS news]
LONDON (ICIS news)--Here is Friday's midday European oil and chemical market summary from ICIS pricing.
CRUDE: December WTI: $79.87/bbl, up $0.25/bbl. December BRENT: $78.32/bbl, up $0.33/bbl
Oil prices traded marginally in positive territory as the US dollar eased ahead of the release of US non-farm payroll data. The markets were expecting the data to show a slowdown in the pace of job losses in the
NAPHTHA: Open-spec spot cargoes were assessed in a $660-670/tonne CIF (cost, insurance and freight) NWE (northwest Europe) range, down $3/tonne CIF NWE on the buy side of the range set at the end of the previous day’s trading. November swaps were pegged at $660-661/tonne CIF NWE.
BENZENE: One Europe November benzene deal was reported from the previous evening at $825/tonne CIF ARA (
STYRENE: Industry bought 1,000 tonnes of Europe November styrene from trade at $1,028/tonne FOB (free on board)
TOLUENE: A range for November continued to be heard at $760-795/tonne FOB
MTBE: The factor against gasoline was quoted at around 1.40 for prompt shipment. Gasoline traded at $705-707/tonne
XYLENES: There was no firm buy/sell activity heard for paraxylene this morning. The range was unchanged at $860-880/tonne FOB
For more pricing intelligence please visit ICIS pricing
By: Staff Reporter
+44 20 8652 3214
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.
Links posted in this story:
|
|
Related Articles
- 19 Nov 09 09:55 EVENING SNAPSHOT - Asia Markets Summary
- 19 Nov 09 04:00 NOON SNAPSHOT - Asia Markets Summary
- 09 Nov 09 12:00 NOON SNAPSHOT - Europe Markets Summary
- 09 Nov 09 04:00 NOON SNAPSHOT - Asia Markets Summary
- 06 Nov 09 18:00 NOON SNAPSHOT - Americas Markets Summary
- 06 Nov 09 17:16 EVENING SNAPSHOT - Europe Markets Summary
- 06 Nov 09 16:17 Crude drops by more than $2/bbl due to poor US jobs data
- 06 Nov 09 09:40 EVENING SNAPSHOT - Asia Markets Summary
- 05 Nov 09 22:52 EVENING SNAPSHOT - Americas Markets Summary
- 05 Nov 09 17:17 EVENING SNAPSHOT - Europe Markets Summary
- 05 Nov 09 12:00 NOON SNAPSHOT - Europe Markets Summary
Latest News
- 20 Nov 09 23:59 Europe Q4 acetic acid settles up at €470-550/tonne
- 20 Nov 09 23:17 EVENING SNAPSHOT - Americas Markets Summary
- 20 Nov 09 22:08 Jan-Oct Argentina chem production rises 11.6% year over year
- 20 Nov 09 21:33 Lyondell can cancel some executive benefits - US court
- 20 Nov 09 21:28 Russia petchems to grow on proximity to China
Barbara Ortner looks at the off-beat and unusual side of chemical industry life.
ICIS Chemicals Confidential