25 February 2010 10:56 [Source: ICIS news]
SINGAPORE (ICIS news)--Japanese producer Nippon Oil has nominated a higher Asian contract price for March cargoes of benzene at $990/tonne (€733/tonne), up $40/tonne from February’s settlement price, said a company source on Thursday.
The higher price on a CFR (cost and freight) ?xml:namespace>
Settlement for the March contract was expected on Friday.
Benzene spot values in Asia were hovering at $915-930/tonne FOB (free on board)
($1 = €0.74)
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|