NewsFlashJX Nippon Oil settles June benzene ACP $115/tonne lower

31 May 2012 12:10  [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, down by $115/tonne from the previous month's settlement, a company source said on Thursday.

The ACP is on a cost and freight (CFR) Asia basis.

The lower contract price for June benzene was in line with recent falls in spot market values and in crude futures,  the source said.

By: Mahua Chakravarty
+65 6780 4359

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