10 May 2012 05:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here is Thursday’s midday ?xml:namespace>
CRUDE: WTI June $96.38/bbl, down 43 cents BRENT June $112.66/bbl, down 54 cents
Crude futures weakened in the morning, undermined by a firmer US dollar and a larger- than-expected build in US crude stocks. However, eurozone worries eased after
NAPHTHA: $944.50-947.50/tonne CFR
Open-spec naphtha prices rose as news that
BENZENE: $1,165-1,177/tonne FOB
Buy-sell indications for July/August spread were heard flat to $4-5/tonne premium. An inter-trade surfaced at $1,157/tonne FOB
TOLUENE: $1,157-1,163/tonne FOB
Buy-sell indications for July were at $1,150-1,160/tonne FOB
ETHYLENE: $1,250-1,300/tonne CFR NE Asia, stable
Talk persisted in the market of a prompt second-half May arrival spot cargo available for sale at $1,230/tonne CFR NE Asia but this could not be immediately confirmed.
PROPYLENE: $1,350-1,380 /tonne CFR NE Asia, stable
Buying ideas were maintained at $1,350/tonne CFR NE Asia and below for June arrival, while selling ideas were at the high $1,300s/tonne CFR NE
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