15 November 2012 17:25 [Source: ICIS news]
LONDON (ICIS)--Here is Thursday’s end of day European oil and chemical market summary from ICIS.CRUDE: December WTI: $85.97/bbl, down 35 cents/bbl. December BRENT: $110.70/bbl, up $1.09/bbl
BENZENE: $1,305-1,335/tonne, down $5/tonne on the sell side
The market was subdued, and the range for November was relatively steady. December was valued at $1,300-1,330/tonne, while January traded at $1,330/tonne.
STYRENE: $1,445-1,465/tonne, narrowing
The November range narrowed amid steady upstream values, although overall sentiment for prompt material is softening amid a sense that the current month is well supplied. There was an unconfirmed deal talked for December at $1,482/tonne, and the range closed at $1,480-1,490/tonne.
TOLUENE: $1,330-1,370/tonne, steady
November was steady in a quiet market. There were no clear buy/sell indications, although sources believe that offers for TDI grade are still firm.
MTBE: $1,117/tonne, up $3/tonne on the low side
The market is fairly stable with a solitary trade done at similar levels to Wednesday. EuroBob gasoline traded at $965/tonne.
For more intelligence pricing please visit ICIS pricing
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections