01 August 2011 12:07 [Source: ICIS news]
Spot prices were assessed at $1,240-1,250/tonne (€856-863/tonne) FOB (free on board) Korea on Monday, up $30-35/tonne from last Friday’s close, according to ICIS. Spot prices were last seen above the $1,240/tonne FOB
Trading was brisk on Monday, with three cargoes for September loading heard snapped up at $1,240-1,248/tonne FOB
Two more parcels for October loading were also traded at $1,248-1,255/tonne FOB
SM, meanwhile, spiked to $1,580-1,600/tonne CFR (cost and freight)
Benzene may also be tracking the gains in US crude as sentiment in the oil markets got a boost on news that the
Toluene prices in Asia also increased $30/tonne higher on Monday at $1,225-1,235/tonne FOB
($1 = €0.69)
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