19 January 2011 03:02 [Source: ICIS news]
(recasts second paragraph)
Spot prices in Asia were at $1,120-1,130/tonne (€840-848/tonne) FOB (free on board)
US benzene prices were at $4.19-4.21/gal on Tuesday, while European benzene was quoted at $1,230-1,240/tonne, according to ICIS data.
Strong crude values were also lending support to the benzene market. Light sweet crude for February delivery was trading at above $91/bbl on Wednesday morning, while Brent crude was hovering near $98/bbl.
($1 = €0.75)
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