25 September 2012 04:31 [Source: ICIS news]
The ACP was raised from September’s price in expectation of tight supply of benzene cargoes in the northeast Asian region in October, said the source.
The source also added that the settlement price of October’s ACP is dependent on crude futures at the end of the month.
Looking forward, the situation of short supply is expected to ease in November when major northeast Asian producers such as
($1 = €0.77)
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