27 March 2011 16:30 [Source: ICIS news]
SAN ANTONIO, ?xml:namespace>
“It has been very difficult to get anything for March lifting and now April looks the same,” the trader said on the sidelines of the International Petrochemical Conference (IPC).
A small volume is being offered at around 54 cents/lb ($1,200/tonne/€852/tonne) FOB (free on board) US Gulf for April loading, but serious buying interest would be closer to 50 cents/lb, the trader said.
US Phenol/acetone plants are operating at reduced levels because of a shortage of feedstock cumene.
Hosted by the National Petrochemical & Refiners Association (NPRA), the IPC continues through Tuesday.
($1 = €0.71)
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