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Europe Dec, Jan spot prices spike 15-18%

Europe benzene December, January spot prices spike 15-18%

LONDON (ICIS)--European benzene December and January spot prices spiked 15-18% on Thursday morning amid a flurry of overnight deals.

Several January deals were reported by buyers at $700-725/tonne CIF (cost, insurance and freight) ARA (Amsterdam, Antwerp, Rotterdam), while a December deal was reported at $690/tonne CIF ARA.

Offers continued to firm in the morning session with December rising to $690-740/tonne CIF ARA, and January at $700-740/tonne CIF ARA.

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