31 May 2012 12:18 [Source: ICIS news]
SINGAPORE (ICIS)--Japanese aromatics major JX Nippon Oil & Energy Corp has settled its June benzene Asian Contract Price (ACP) at $1,080/tonne (€875/tonne) on Thursday evening, a company source said.
The company’s June ACP was $115/tonne lower than the previous month’s settlement price on a cost and freight (CFR) ?xml:namespace>
JX Nippoin Oil’s June ACP settlement was $40/tonne lower than its nominated price of $1,120/tonne CFR Asia.
Spot benzene prices in Asia stood at $1,055-1,070/tonne FOB (free on board)
($1 = €0.81)
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