08 May 2012 11:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here is Tuesday’s end-of-day ?xml:namespace>
CRUDE: WTI JUN $96.85/bbl, down $1.109; BRENT JUN $112.52/bbl, down 64 cents
Crude futures declined in the afternoon on a firmer US dollar and concerns of a global economic slowdown amid political unrest in the eurozone and weak
NAPHTHA: $945.00-947.00/tonne CFR
Open-spec naphtha prices fell as buyers stepped back on concerns over the weak economic environment. There were no trades reported.
BENZENE: $1,180-1,185/tonne FOB
Prices remained unchanged as offers for June loading at $1,183-1,185/tonne FOB
TOLUENE: $1,180-1,190/tonne FOB
Limited discussions were heard for June loading cargoes, with selling indications at $1,190/tonne FOB
ETHYLENE: $1,270-1,300/tonne CFR NE Asia, down $10/tonne at the high end
Sporadic selling interest for end-May/first-half June arrivals was at close to $1,300/tonne CFR NE Asia for spot cargoes of Asian origin with buying ideas at the mid-to-high $1,200s/tonne CFR NE Asia, market sources said.
PROPYLENE: $1,360-1,385 /tonne CFR NE Asia, down $45-50/tonne
At least three to four spot cargoes of Korean origin changed hands at $1,370-1,385/tonne CFR China for June arrival while discussions to buy a June shipment were also underway at around $1,360/tonne CFR China, market sources said.
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