26 October 2010 06:00 [Source: ICIS news]
SINGAPORE (ICIS)--Japanese benzene major, JX Nippon Oil and Energy Corp, has announced the November Asian Contract Price (ACP) nomination $130/tonne (€94/tonne) higher than the previous month’s settlement on the back of firmer spot prices, a company source said late on Monday.
The company announced the nomination for November at $1,000/tonne CFR (cost and freight) ?xml:namespace>
The November nomination was increased due to recent uptrend in spot market values to $1,000/tonne FOB (free on board)
Tighter supply of benzene in the region due to some plant troubles in the
Some of the other key benzene producers in this region are
($1 = €0.72)
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