NewsFlashJapan's Nippon Oil hikes May benzene ACP nomination by $50

26 April 2010 11:32  [Source: ICIS news]

SINGAPORE (ICIS news)--Japanese producer Nippon Oil has nominated a $1,030/tonne (€772.5/tonne) Asian Contract Price (ACP) for May benzene, $50/tonne higher than April's settlement price, said a company source on Monday.

The ACP is on a CFR (cost and freight) Asia basis.

($1 = €0.75)

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By: Mahua Chakravarty
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