07 May 2012 05:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here is Monday’s midday ?xml:namespace>
CRUDE: WTI June $97.11/bbl, down $1.38/bbl; BRENT June $112.29/bbl, down 89 cents
Crude futures fell sharply on Monday morning, undermined by a stronger US dollar and heightened worries over the eurozone region following the elections in
NAPHTHA: $935.50-938.50/tonne CFR
Open-spec naphtha prices softened on Monday morning in
BENZENE: $1,170-1,173/tonne FOB
Prices fell on Monday morning because of weak upstream markets. Offers for July loading at $1,173/tonne FOB
TOLUENE: $1,180-1,190/tonne FOB
Offers for July loading were at $1,190-1,195/tonne FOB
ETHYLENE: $1,270-1,310/tonne CFR NE Asia, stable
Market players stayed at the sidelines amid concerns over the outlook for derivative markets such as polyethylene (PE) and there were no firm discussions. Selling ideas at $1,300-1,350/tonne CFR NE Asia met buying interest at below $1,300/tonne CFR NE Asia.
PROPYLENE: $1,410-1,430 /tonne CFR NE Asia, stable
Buying interest for second-half May arrival was at $1,400/tonne CFR NE Asia or below, but no offers emerged.
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