27 September 2012 05:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here is Thursday’s midday ?xml:namespace>
CRUDE: WTI Nov $90.05/bbl, up 7 cents; BRENT Nov $109.97/bbl, down 7 cents
Crude futures were range-bound in the morning, because downside pressure from concerns over the eurozone debt and the weak global economy was offset by an unexpected fall in
NAPHTHA: $953.50-956.50/tonne CFR
Open-spec prices for the first-half November contracts rose in the morning on active spot buying from South Korean and Taiwanese cracker operators.
BENZENE: $1,215-1,230/tonne FOB
A deal was concluded for a December-loading lot at $1,190/tonne FOB
TOLUENE: $1,165-1,180/tonne FOB
First-half November-loading lots were offered at $1,178-1,180/tonne FOB
ETHYLENE: $1,300-1,350/tonne CFR NE Asia, stable
Selling notions for selected northeast Asia-origin cargoes for November loading were heard at $1,270/tonne FOB NE Asia, which is equivalent to $1,340-1,370/tonne CFR NE Asia, because of a supplier’s reduced output. Discussions remained subdued.
PROPYLENE: $1,380-1,390/tonne CFR NE Asia, stable
Selling ideas for second-half October/early November cargoes were at around $1,390/tonne CFR NE Asia against buying ideas capped at $1,360-1,380/tonne CFR NE Asia.
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