04 February 2013 12:00 [Source: ICIS news]
LONDON (ICIS)--Here is Monday’s midday European oil and chemical market summary from ICIS.
CRUDE: March WTI: $96.90/bbl, down 87 cents/bbl. March BRENT: $116.00/bbl, down 76 cents/bbl
Crude prices fell sharply as the US dollar rallied against the euro in the currency markets, following some poor Spanish jobs data.
BENZENE: $1,410-1,435/tonne, up $15-25/tonne
Steady-to-firm crude futures over the weekend and balanced European availability helped support bullish benzene numbers this morning. March was valued flat with February.
STYRENE: $1,730-1,755/tonne, up $10-20/tonne
Offers for February were at $1,755/tonne this morning, buoyed by stronger benzene numbers. There were no corresponding bids so far.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections