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Europe spot benzene

Focus Europe benzene spot still firm in tight market

Focus article by Truong Mellor

LONDON (ICIS)--European benzene spot numbers have remained firm so far in July, sources said on Thursday, with offers reaching $1,500/tonne midweek amid tight regional availability.

Following the settlement of the July Europe benzene contract at $1,449/tonne FOB (free on board) NWE (northwest Europe), spot pricing has held above this level. The market has been thinly traded so far this week, but a deal for July at $1,485/tonne was reported late on Wednesday 9 July.

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