NewsFlashInitial Europe Nov benzene contract agreed at €1,032/tonne

31 October 2012 16:53  [Source: ICIS news]

LONDON (ICIS)--An initial European benzene contract price for November has been agreed at €1,032/tonne, up €34/tonne from the previous month, one buyer said late on Wednesday.

The settlement was made at a US dollar concept of $1,338/tonne FOB (free on board) NWE (northwest Europe) and converted to the euro price at the agreed exchange rate of €1:$1.2965.

Further confirmation from other players is pending.

By: Truong Mellor
+44 208 652 3214

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