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Europe benzene

Focus Europe benzene sentiment picks up ahead of Feb CP talks

Focus article by Truong Mellor

LONDON (ICIS)--After hovering around the $600/tonne mark throughout January, European benzene spot prices have recently seen an upturn ahead of the February contract discussions expected later this week, sources said on Monday.

January spot deals were done within a range of $587-605/tonne CIF ARA last week, before buy/sell ideas picked up. Bids moved as high as $620/tonne, but attention was primarily focused on the forward month.

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